Canadian Critical Minerals Inc V.CCMI

Alternate Symbol(s): RIINF

Metals & Mining Industrial Metals & Minerals

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.

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Canadian Critical Minerals Inc > Head Scratcher

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Comment by reddog11on Jun 06, 2024 12:42pm

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Post# 36075607

RE:Head Scratcher

jleer42,

Agree.

I have been doing "back of napkin" math on the ore pile, but I am not clear on the value of the ore pile.
The last shipment was 362 wmt and the net receivable was $72,445. We have 180,000 tonnes, but how much is refinable has been hard to determine.
I was thinking even at 25% the ore body will net 9 million.

I also wish there was some "actual" stats.

Either way, the stock price is insane given: ore body / 100 million in existing infrastructure / 38% Thierry.

jmo

RD

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