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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 reddog11on Apr 27, 2023 7:47am
90 Views
Post# 35416430

RE:Management

RE:ManagementThe management has the ability to manage the project. The team has an extensive background in actual mines and mining.

That being said, I feel it is a combination of Canadian permitting process and First nations delays. Originally the First Nations seemed on board with prior news releases. I feel after the mine was declared "non-riviewable" ( a good thing) something came apart. We just dont know what it is / was.

Either way we can sell the ore pile without a permit, and I cant understand why that is not happening. Its not the save all, but the value is 3X CCMI existing market cap.

My biggest worry now is the delay in permitting is getting so long the company will go bankrupt just waiting.

Heck, sell the ore pile, give out dividend to share holders and the stock will probably stay where it is just by owning the rights to Thierry. This payout would be in the neighborhood of $.05 per share.

At least then we could wait it out longer.

Will never happen, but seriously could.

jmo
RD
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