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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

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Post by reddog11 on Jun 22, 2022 1:44pm

ouch

Tough Market.

PEA due out in July.
-100 mjillion in infrastructure in place
-20 million already mined in an ore pile
-Brownfield ready
-First Nations agreement in place
-Thierry basically free.

Copper been hit hard,but still very profitable project.

Buying more today on the drop.

jmo
RD
Comment by Wayned52 on Jun 26, 2022 12:44pm
I am more than a little surprised at the way copper prices have been behaving .  We have been told for a number of years now that as the world goes electric the demand for copper will far outstrip supply . Biden building out the grid ? Carging stations ? Shortages of lots of EV models ? You simply can`t get an F-150 lightning because of demand . . I`ve been to the dealer .  You can see ...more  
Comment by reddog11 on Jun 26, 2022 10:22pm
Wayned, Copper / Nickel / Cobalt / Lithium have all been dropping because of recession fears. Doesnt matter to me. This play is mine specific for me. If we were just an "Explorer" with mining claims I might be worried, but as I have repeated endlessly....This Bull River has... (1) a pile of ore already mined worth more thank the company market cap even at th $3.50 / pound copper price. ...more  
Comment by Wayned52 on Jun 27, 2022 12:17pm
I agree with you completely .    My question was how is it possible to have an enormous increase in demand for copper and the price drops . The same for all EV metals .  The recession fears haven`t stopped the price of gas and food from going through the roof .  So what`s with metals .      Miners are very unpopular at this time . That will change but I don ...more  
Comment by reddog11 on Jun 27, 2022 2:50pm
I think its because Gas and food are absolute necessities and a new EV is not. Thats my take anyway. I have learned over my years that if "they" can find a reason, any reason, to manioualte meatl prices they will. To your point though...https://www.kitco.com/news/2022-06-26/-Copper-nickel-and-gold-have-the-best-investment-potential-this-year-Brent-Cook.html RD
Comment by Wayned52 on Jun 27, 2022 4:49pm
Speaking of Brent Cook .I think he works out of Vancouver .I wonder why they don`t invite him out to take a look at Bull River . That`s what he does . I`ve gone into other companies on his inspections and he doesn`t buy shares until after he`s advised his subscribers and then his reports are open .  He has a big following . 
Comment by reddog11 on Jun 27, 2022 6:21pm
I get the feeling Ian is ar eally good engineer, but maybe not the best at PR and getting folks on board. I like his interviews though as I can tell he wants to NOT dilute the projects and instead, "pay as you go". Would be nice to get some additional followings. 321gold did a great summation a month or so ago. The PEA in July may attract suitors. Doesnt really matter as I know BHT will ...more  
Comment by Wayned52 on Jun 28, 2022 4:42pm
It`s getting to be a long time ago since we brought Peter Lacey on board . At the time I though with this guy`s experience and business record we were really going places . But now I feel like the team that got first draft pick and the guy turned out to be a dud that we need to change .  I do not know why we are stuck where we are . It feels like Ground Hog Day .  Ian presents well in ...more  
Comment by reddog11 on Jun 28, 2022 6:23pm
...stumped, as am I. Just not well known I think. The PEA should help. ...mabe? RD
Comment by Wayned52 on Jun 29, 2022 11:28am
I don`t know how it couldn`t be well know . The big miners are out everywhere looking for new projects that are becoming more scarce every years . There are endless trade shows that they all attend .   BHP is active in the area . They have to go right by Thierry to get into the Ring of Fire area. Wouldn`t one of them boarding a helicopter in Pickle Lake say , " that`s one h-ll of a ...more  
Comment by reddog11 on Jun 29, 2022 2:13pm
Wayned, Maybe I'm missing something also. It does seems odd. RD
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