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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Comment by namsocon Aug 30, 2015 5:29pm
174 Views
Post# 24063676

RE:Explosion at syncrude

RE:Explosion at syncrudeHopefully it is not a big problem.  Note that they have Business interuption insurnace.  See below.

"Canadian Oil Sands also reduces exposure to some operational risks by maintaining appropriate levels of insurance, primarily business interruption (“BI”) and property insurance. The Corporation has purchased total coverage of approximately U.S. $1.3 billion of combined BI and property insurance, net to Canadian Oil Sands, in case Syncrude experiences an event causing a loss or interruption of production, such as a fire or explosion at the operating facilities. The BI insurance is subject to an approximate average 90-day self-retention period. While such insurance mitigates the impact of certain operational upsets, insurance is unlikely to fully protect against catastrophic events or prolonged shutdowns." 
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