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Bullboard - Stock Discussion Forum 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... see more

TSXV:CCMI - Post Discussion

View:
Post by Wangotango67 on Aug 14, 2021 7:53pm

COPPER XXX

Copper xxx has a copper mine.
They have an extraction recovery of - 93% ( flotation circuts )
Each raw tonne of ore has a recovery of 93% copper + 7% waste.

Tack on each processed tonne thereafter - it wil lalways be a concentrate ratio of,
93% copper with 7% waste.

Copper xxx just signed a forward contract for 25% concentrate.
Does this make sense ?
Or is Copper xxx pumping out a real -  93% copper concentrate?

All of Copper xxx's peers -  have high recovery rates when extracting thier own copper.
Yet.. .each of them state they only produce a 21% - 28% concentrate.

Why  are the majority  of - copper concentrate contracts - nondisclosed ?
Riddle me this.


There....
said my peace.
I like segragating the mineral credits  of one mine without confusing the profits of an additonal - gold credit - from another nearby  mine that copper xxx owns and wishes to augment the overall mineral profits.

For a stock to see maximum valuation - the stock has to see maximum recoveries.
Not... 25% cons which reduces the profits and valuation of the, stock.
Does anything think a miner who can recover 93% copper will want ot sell a 25% con ?
or.. more like - 93% con ?

Not revealing the contractual price per copper con tonne - inhibits the stock valuation.

Simply research each copper miner in B.C.
look at thier flotation recovery rates, then refer to what they proclaim in produced concentrates.
The numbers are at opposite spectrums.


Cheers....
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