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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.


TSXV:CCMI - Post by User

Canadian Critical Minerals Inc > New QC copper interview
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Comment by reddog11on Oct 15, 2024 9:38am
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Post# 36266120

RE:RE:RE:RE:New QC copper interview

RE:RE:RE:RE:New QC copper interviewIt was interesting the way they handeled who they actually bought it from and how it all went down.

There is a news release from CCMI on October 4, 2023 that addresses the sale of Thierry to Cuprum and a bit to QC copper at that time.

Wnen CCMI made the decision to sell Thierry it was because we just didnt have enough money or possible raise to move both BUll River and Thierry at the same time without major dilution.

Hindsight is 20 / 20 of course, but Thierry was just sold for about 11 million which is our entire market cap.

I still think by owning 10% of QC copper (XXIX), it gives us now Bull river plus ownership in three other very large copper mines.

I would like to see CCMI finish the final permit for Bull River and start the mine up soon. It would take a little bit of money but the existing infrastructure is in place and valued at over 100 million.

Waiting game for sure.

RD

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