Technical Analyst Clive Maund analyzes the recent stock performance of Defense Metals Corp. (DFMTF) and explains why, despite recent share price drops and management changes, he believes the company is an immediate strong buy. Maund highlights the company’s positive news flow, including a strategic financing review, the appointment of experienced board members, and the government of British Columbia’s recognition of the Wicheeda Rare Earth Element project. He attributes the recent share price decline to uncertainty surrounding management changes but believes this has now been discounted and the stock is primed for a rebound.