RE:RE:CNC on the US ListEndZonefor7 wrote: Great news ! I coulda swore that Ghole was blabbering that CNC wasn't on anyone's list for funding. Wrong once again bozo.
NiCuAgFan wrote: “The Ontario projects on the Natural Resources list to the U.S. are Rock Tech Lithium’s (TSXV: RCK) Georgia Lake, Avalon Advanced Materials‘ (TSX: AVL) Separation Rapids, Frontier Lithium’s (TSXV: FL) PAK, Zentek’s (NCM: ZTEK:US) Albany, Northern Graphite’s (TSXV: NGC) Bissett Creek, Canada Nickel’s (TSXV: CNC) Crawford and Electra Battery Materials’ (TSXV: ELBM) First Cobalt refinery”
Endzone, recently you ripped me for not reading/listening to the whole Hedge Fund Dude/Bre-X presentation, and that I was cherry picking bits and pieces.
The headline says that they will Assess Canadian projects for funding, but none have been approved yet (Like that 2nd ammendment thing, everyone chirps about the right to bear arms, but everyone ignores the Well Regulted Milita part).
These two posts are popping the champaine corks, and celebrating a gold medal victory, but all that has happened is that CNC has been placed on the team.
CNC is not on anyones list for funding until the funding has been approved and the cheques issued.
The DPA hasn’t awarded any funds yet, but could fast-track some projects to decisions in a month if they meet an “urgent and compelling need” after filing a detailed submission, Lt.-Cmdr. Gorman said. Unfortunately, only 1% of filings so far come close to meeting criteria, he said.
The criteria concern how the project expands the industrial base and output of critical materials for emerging technologies and national defence; a technical description of the proposed work; bios of key personnel; and rough cost estimates, Gorman said. The program may ask some companies to submit technical and cost reports in a process that takes six to nine months for approval, he said.