Comet Lithium Corp.
Comet Lithium Corp. (TSXV: CLIC; formerly X-Terra Resources Corp., renamed and began trading as CLIC in June 2023, Rouyn-Noranda, Quebec-headquartered) explores for lithium-bearing pegmatites at its Liberty Project in the James Bay region of Quebec, alongside the Elmer East property. Recent field work includes 272 soil samples and LiDAR surveys; permitting for the company's inaugural drill program is underway. No NI 43-101 resource estimate has been published.
Notable vs. Peers
- Jurisdiction risk score of 9/10 is meaningfully safer than the peer average of 7.3/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
President and Chief Executive Officer, and a Director, of Pecoy Copper Corp. Accomplished senior executive with over 20 years of experience building companies and advancing mining projects. Co-founder of Evolve Royalties and former CEO and Chair of Nomad Royalty Company (sold to Sandstorm Gold). Recipient of the YMP Peter Munk Award for leadership and innovation in mining.
Chief Financial Officer and Director of Visible Gold Mines Inc., reappointed CFO effective May 1, 2026, succeeding Veronique Laberge -- returning to a role he first held from 2007 to July 2025. Also currently CFO of Comet Lithium Corp.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked directly against the company's own site, which is live and current -- most recently the $1.25 million cash sale of the Ducran property in February 2026 (Comet divesting an asset, not evidence of a stake taken in Comet) and a pegmatite discovery at Elmer East in October 2025. No producer, specialist fund or named institution holds a disclosed position, and there are no insider trading records in our data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.