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Bullboard - Stock Discussion Forum Canadian Critical Minerals Inc V.CCMI

Alternate Symbol(s):  RIINF

Canadian Critical Minerals Inc. is a Canada-based mining company. The Company is engaged in locating, acquiring, and exploring precious metals in Canada. The Company is advancing exploration and development of its two primary copper projects in British Columbia and Ontario. It holds a 100% interest in Bull River Mine project located in Cranbrook, British Columbia, which has mineral resources... see more

TSXV:CCMI - Post Discussion

Canadian Critical Minerals Inc > new press release
View:
Post by reddog11 on Jun 19, 2023 7:55pm

new press release

Never can tell lately if raising money here is good news (because someone still cares) or bad news because its more dilution and nothing ever "seems" to happen with it.

This last one says to help develop the Bull River Mine?
....yet no permit?

Hopefully to crush and sell the ore pile.

RD

Comment by medford on Jun 26, 2023 11:04am
Property taxes are due on July 1. As it sits without a permit the property is worthless, yet cash outflows continue.
Comment by reddog11 on Jun 26, 2023 11:50am
Sad affair. It is my uderstanding that we still own and can process without a permit the existing ore pile. We have the new / used crusher. The ore after processing is worth about 10 million plus or minus. Why we dont get that done NOW eludes me. Maybe Im wrong. jmo RD
Comment by medford on Jun 27, 2023 12:35pm
Don't get your hopes too high, that ore is on the books at just over $5mm. I don't know when and how that number was derived.
Comment by reddog11 on Jun 27, 2023 5:13pm
medford, i did this analysis a whileback. Using all information from the website. Of course I coud be wrong somewhere. Of course even at 5 million (consider it cash) we should be worth close to current market cap valuing all other assets at zero. RD Previous analysis...next.
Comment by reddog11 on Jun 27, 2023 5:15pm
This was just my best guess based on information from the website. Could be wrong. RD Existing ORE pile: iI have reviewed the information about Bull River on the website. Im certainly NOT an analyst and I could be reading the information wrong, so do your own research. Speaking very basically: For ease of basic copper value I have NOT included any of the gold / silver / other base metal by ...more