Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Wangotango67on Aug 14, 2021 7:53pm
291 Views
Post# 33706738

COPPER XXX

COPPER XXX Copper xxx has a copper mine.
They have an extraction recovery of - 93% ( flotation circuts )
Each raw tonne of ore has a recovery of 93% copper + 7% waste.

Tack on each processed tonne thereafter - it wil lalways be a concentrate ratio of,
93% copper with 7% waste.

Copper xxx just signed a forward contract for 25% concentrate.
Does this make sense ?
Or is Copper xxx pumping out a real -  93% copper concentrate?

All of Copper xxx's peers -  have high recovery rates when extracting thier own copper.
Yet.. .each of them state they only produce a 21% - 28% concentrate.

Why  are the majority  of - copper concentrate contracts - nondisclosed ?
Riddle me this.


There....
said my peace.
I like segragating the mineral credits  of one mine without confusing the profits of an additonal - gold credit - from another nearby  mine that copper xxx owns and wishes to augment the overall mineral profits.

For a stock to see maximum valuation - the stock has to see maximum recoveries.
Not... 25% cons which reduces the profits and valuation of the, stock.
Does anything think a miner who can recover 93% copper will want ot sell a 25% con ?
or.. more like - 93% con ?

Not revealing the contractual price per copper con tonne - inhibits the stock valuation.

Simply research each copper miner in B.C.
look at thier flotation recovery rates, then refer to what they proclaim in produced concentrates.
The numbers are at opposite spectrums.


Cheers....


<< Previous
Bullboard Posts
Next >>