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Canadian Critical Minerals Inc V.CCMI

Alternate Symbol(s):  RIINF

Canadian Critical Minerals Inc. is a Canada-based mining company primarily focused on two near-term copper production assets in Canada. The Company’s main asset is the 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia, which has a Mineral Resource containing copper, gold and silver. It also owns a 30% interest in the Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario, which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold. The Thierry Project is a past-producing copper and nickel mine located approximately 15 kilometers (km) west of Pickle Lake, Ontario. The property is approximately 4,700 hectares in size and contains a NI 43-101 mineral resource. Its subsidiaries include Bull River Mineral Corporation, Gallowai Metal Mining Corporation, Grand Mineral Corporation, and Stanfield Mining Group of Canada Ltd.


TSXV:CCMI - Post by User

Comment by gemsearcher2on Mar 19, 2021 4:32pm
177 Views
Post# 32840340

RE:RE:After hours News = $3.6 MM CD debt retired

RE:RE:After hours News = $3.6 MM CD debt retiredgreat ! thseeker1 thanks for sharing
Yeah.. i was checking things out and seen that they had been paying down and servicing the debt that is now 3.6mm (down from 6.0MM in 2017)
So they are proving themselves to be responsible and obviously there is a lot of experience on the mgmnt team which is great.
Yeh.... the Bull River mine looks like it is almost all ready to go.. maybe a relatively small amount of capital needed ($5.0 mm or so) and then will be in production just like that !
Newsflow is starting to happen now.... just need the permits to be re- issued and off to the races !
Really like the looks of this company and with Bull River mine up and running.. then Thierry will be next ! Both projects look really good from what i can see and are quite similar in the way that previous operators spent all the money on infrastructure and mine building and went broke because of low copper prices.. Things have changed so much! now the economics are great ! good luck all... esp. the longs! (i just got in yesterday!) gs2

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