MSMGF Grid Metals Corp.

$MSMGF Next week could get VERY interesting... i'm already excited. After months of waiting, Grid finally appears to have confirmed its technical breakout this week, yet trading volume remains surprisingly light today relative to the significance of the recent developments. Meanwhile, Power Metals is up 9% today, highlighting continued investor interest in the cesium sector. And now we have a potentially significant catalyst approaching: Avenir Minerals’ 15-day post-MRE option window opening... Remember, Avenir is backed by Agnico Eagle $AEM , and its decision could provide another important validation of Grid’s cesium assets and strategic value. What makes this particularly interesting to me is that Grid has already established what it describes as the world’s second-largest cesium resource in active development, yet I don’t believe the market has come close to reflecting that value, let alone the rest of its portfolio. We also have potential strategic developments across Grid’s other assets, with the $TECK/Anglo merger adding another dimension to the consolidation thesis. Teck is up 4.65% today. Mining sector should catch a tailwind with Easing diesel prices on Trumps deal Putin. The technical breakout, the approaching Avenir decision, increasing attention on cesium, and the potential for broader strategic transactions are all converging. And we’re seeing this with relatively little trading volume because the extremely cheap shares (imo) are getting gobbled up. I’ve continued adding to my already substantial position because I believe the disconnect between Grid’s market capitalization and its strategic asset value remains extraordinary. Next week should be fascinating. The market may finally be starting to connect the dots.

$MSMGF I think today’s announcement may be considerably more important than simply hiring an engineering firm. Just 8 days after announcing the maiden Lucy South resource, Grid has engaged global engineering firm AECOM to prepare a high-level mine plan, site design, infrastructure requirements AND the Environment Act License application for Falcon West. To me, this signals a greatly compressed timeline toward a formal mine plan and potentially Avenir’s follow-on options. Remember, Avenir already owns 15% of Falcon West and has the ability to increase that interest to 30% following the applicable PEA/mine-plan milestone. The price of that additional interest is tied to the project’s NPV8. Grid now appears to be advancing multiple workstreams simultaneously: • Mine planning + site design • Environmental permitting • Metallurgy + XRT ore sorting • Mineralogical characterization • Resource expansion + exploration • Stakeholder engagement That is very different from the traditional junior mining sequence of MRE → more drilling → PEA → engineering → permitting. Grid appears to be doing much of it in parallel. And Lucy South lends itself particularly well to this approach: the current resource averages only ~20m below surface, sits 500m from the Trans-Canada Highway, is near rail and low-cost hydro power, and Grid is targeting a saleable pollucite concentrate using conventional crushing + XRT sorting with NO process water. Importantly, the current resource is still open and Grid plans aggressive expansion drilling. So while AECOM advances a pathway toward production, Grid can simultaneously work to increase the resource and potentially the underlying project NPV before Avenir’s additional project-level investment is priced. The drill program that is about to start will be very valuable with expanded resource, and why they will need to be drilling aggressively to expand the resource as quickly as possible to create more value for shareholders. I would not assume AECOM’s “high-level mine plan” itself satisfies the contractual Mine Plan milestone, but it certainly suggests that milestone may arrive much much sooner than many expected. Eight days from maiden MRE to mine planning + permitting work. Grid isn’t wasting time. Disclosure: I currently own 17,390,000 shares of $MSMGF. ; )

$MSMGF This ATB Capital Markets note deserves more attention. ATB published an Emerging Ideas report immediately following Grid’s maiden Lucy South resource and made a VERY direct comparison with Power Metals: $PWRMF “The high-grade zone at Lucy alone is larger than Power Metals’ full resource and also has 2x the grade. Yet the stock trades well below Power Metals.” Think about that. Lucy South TOTAL: 51,500 tonnes @ 2.58% Cs₂O Lucy South HIGH-GRADE POLLUCITE ZONE: 15,600 tonnes @ 5.19% Cs₂O Power Metals entire resource: ~13,000 tonnes at roughly half Lucy’s high-grade Cs₂O grade. So Grid’s HIGH-GRADE ZONE ALONE is larger than Power Metals’ entire cesium resource and approximately 2X the grade. And that isn’t my comparison. That’s ATB Capital Markets. Meanwhile, Lucy South remains open, Grid is preparing additional drilling to expand the resource, metallurgical work is underway, and the deposit averages only ~20 metres below surface with potential quarry-like open-pit mining. Grid also retains 85% with Avenir Minerals, an Agnico Eagle subsidiary, owning the other 15%. ATB’s conclusion is the part that matters: “Yet the stock trades well below Power Metals.” After $MSMGF just closed at a fresh 3.5-year high, I think the market may finally be starting to recognize that valuation disconnect. And if Grid materially expands Lucy South from here as i expect, the comparison gets even more interesting.

$MSMGF Highlights Maiden MRE for the Lucy South cesium deposit at Falcon West: Open pit measured resource for the Lithium-Cesium-Tantalum ("LCT") Zone of 51,500 tonnes at 2.58% Cs2O and 1.47% Li2O; the LCT Zone encloses a higher-grade cesium-rich Pollucite Zone containing a measured resource of 15,600 tonnes at 5.19% Cs2O and 1.76% Li2O. Total contained metal in the measured category of 1,322 tonnes Cs2O.

$MSMGF thoughts?: Deep dive on cesium defense demand across all six known military applications: atomic clocks ($58M DARPA contract), night vision ($352M BiNOD IDIQ), radiation detection (CBP/DTRA steady-state), submarine magnetometers (CAE MAD-XR growing via drone proliferation), ion propulsion (dead). Combined Cs consumption across all five: ~1-3 tonnes/yr. Strategically critical but volumetrically irrelevant. The sixth application changes everything. Perovskite solar — already field-deployed by DoD at Cyber Fortress 2025 — needs cesium for thermal stability. At 85 GW/yr commercial deployment by 2035, demand is 8-210 tonnes Cs/yr depending on formulation. Defense validates the tech, commercial scales the volume. GRDM's cesium thesis is ultimately a perovskite thesis with a defense catalyst.

$MSMGF "pollucite dominates the Lucy South pollucite zone" these new bot accounts are so informative lol. You guys think we see the MRE this week???

$MSMGF I wanted to see if there was any more surface exposed rock at Falcon West, so I mapped the drill site coordinates onto Google Earth to look. Nothing earth shattering but thought I'd share. Here is a view with all drill holes mapped onto the site. You can see what looks like surface exposed rock at ArtDon (bottom left). You can't see much at Lucy because of all the drill holes. There maybe a region of surface rock just SSW of Lucy, but it is really hard to tell at this resolution. So basically no conclusions to be had here, but reinforces that the initial discovery and drilling at Lucy and ArtDon was likely because they were all surface exposed.

$MSMGF in which form are they looking to sell it? As unrefined ore, or lab ready? One is worth millions and the other is worth billions!

$MSMGF isn’t it supposed to be going up into the MRE? Needs new buyers imo. We’re the only ones watching.