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Bullboard - Stock Discussion Forum Canada Carbon Inc V.CCB

Alternate Symbol(s):  BRUZF

Canada Carbon Inc. is a Canada-based junior natural resource company focused on the acquisition and exploration of natural resource properties. It holds a 100% interest in two graphite properties located in Quebec: The Miller Graphite Project and Asbury Graphite Project. The Miller Graphite Property is located in Grenville Sur la Rouge, Quebec. The Miller hydrothermal lump-vein historical... see more

TSXV:CCB - Post Discussion

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Post by gunzod on Oct 15, 2023 7:35pm

HMMMM

rougeL’exploitation de Canada Carbon est refuse par le CPTAQ
  • Le Journal de Quebec
  • 14 Oct 2023
ARCHIVAL PHOTOCanada Carbon's Grenville-sur-la-Rouge mining project will not go ahead in the end. After several years of battle, the municipality won the case.
QMI AGENCY | After several years of battle between Grenville-sur-la-Rouge, in the Laurentians, and Canada Carbon for the development of a graphite mine in an agricultural environment, the municipality won its case with the Commission de protection du territoire agricole du Qubec (CPTAQ).

The organization on Thursday denied the B.C.-based company's request in a preliminary guidance.

Canada Carbon had applied to operate a graphite mine of nearly 85 hectares on the municipality's agricultural land. This project also included the cutting of maple trees.

However, the commission believes that the operation of a mine and the cutting of trees would harm the forestry and maple syrup potential of this sector of the Laurentians. It also notes the disturbance this could cause to soil and water resources.

For its part, the municipality of about 2800 inhabitants had reaffirmed its opposition to the project in the file.

"The project will have a negative impact on existing and developing maple syrup resources, both within the local municipality and in the region," the city said, according to the 17-page report.

Canada Carbon, for its part, argued that the project would have "significant economic benefits" for the municipality and the region.

SECOND CONFLICT

This is not the first time that the company and the municipality have found themselves in conflict. In 2018, Carbon Canada filed a $96 million lawsuit against Grenville-sur-la-rouge for blocking the project.
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Comment by GnR on Oct 16, 2023 1:00pm
sadly the end of the Miller Mine....
Comment by thadeush on Oct 18, 2023 10:16pm
Ha! Good one. Despite the premature celebrations by certain delusional posters that Grenville will lose the long-term benefits of a small, clean graphite mine, this is far from the end of CCB - though it certainly calls into question the neutrality of CPTAQ.  I wouldn't be surprised if there was still a mole (new mole? the old mole still active?) buried IN somewhere in CPTAQ with their ...more  
Comment by GnR on Oct 16, 2023 1:04pm
why isn't there a NR from the company for this??
Comment by GnR on Oct 16, 2023 1:08pm
CCCB.V has 30 days to try and present something that will make them change their minds Porte-parole du comit citoyen SOS-Grenville-sur-la-Rouge, Gilles Levert s’est rjoui de voir enfin une dcision qui va dans le sens de ce pour quoi ils militent depuis des annes. Il ne se fait toutefois pas d’illusion. « a m’tonnerait qu’ils lchent le morceau si vite », a-t-il admis. Canada ...more  
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