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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

Canadian Critical Minerals Inc > Time to reflect
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Post by Wayned52 on Nov 14, 2022 2:08pm

Time to reflect

Tax loss season is coming up quick . For me it`s time to make some difficult choices about what to do here .  Way back when I started out this was a very good risk / reward investment but for me it has turned out to be a disaster .    I now have to decide to sell and book a tax loss , then buy back in after 30 days . When I have done this before almost immediately the stock will go on a run . If I jump back in I lose my tax loss and the stock will almost immediately start going back down.  It seems in my case this never fails .  It always seems to end the same and after decades of this I have pretty well had it with mining stocks .
       This is what I see and feel free to call me a racist .  
  I see groups in this country , the white portion of which live in Toronto and Vancouver . Liberal strong holds .  The elite , CBC 1st Nations  , a tiny but powerfull % of that group , have used Canadian politicians to dismantle industry in this country , especially mining .  Because these elites don`t live on the reserves but spend all their time in Ottawa , Toronto and Vancouver , while tax payers pick up the tab and pay for the messes they have left behind at home ,  they never want this system to end but want to have endless meetings they don`t show up for .  In Ontario where I live they have skuttled minig for the last two decades .  Look at the Ring of Fire after twenty years and billions spent , nothing but bankrupt companies and the 1st Nations wanting more meeting . 
BC is only slightly better but there as well the 1% elite CBC 1st Nations make sure none of their people are going to get jobs so they can hold on to power and have more meetings they don`t show up for .   The politicians are every bit as bad and I don`t see how any of that is going to change . Once you have destroyed industries it`s nearly impossible to get them back . Nobody will invest in Canada anymore .   Thank you Prime Minister do nothing .
  I call the group CBC 1st Nations because the tax payer funded , money losing CBC that is the media arm of the Liberal party and is protected , has created this total myth about 1st Nations . Their 1st Nations are all " artists " living in Ottawa and Paris . They do nothing for the poor 1st Nations stuck in poverty and dispair back on the reserves .
Comment by reddog11 on Nov 14, 2022 7:29pm
Wayned52, I understand. Be careful though as BHT started the year nearly exactly where its at now. $.075. There may not be enough selling to push it down much. Other miners have faired far worse. I just looked at an arbitrary selection of GOOD junior miners and they are down 2-3x from begining of year. Those will have selloffs. If you are really considering this then I would do soon so you could ...more  
Comment by greendayyyy on Nov 15, 2022 8:04am
Usually tax losses are a good way to take a loss. In the first three months of the year, which are usually favorable for metals, you can definitely take that loss back.  With the cel and the reer less people are taking advantage of the tax loss and the drop in stocks are less affected. For the government and the permits nothing surprises me. If you don't have a good contact your chance to ...more  
Comment by Wayned52 on Nov 15, 2022 3:18pm
Yes , with the Rebulican showings in the mid terms the copper story should be back on . Unfortunately we have a national leader who hasn`t heard the story . He just wants me to stop driving while he go overhead in a big jet with a spare jet following in case he needs to side track to a rock concert .  ( Gord Downie`s last show ) 
Comment by Wayned52 on Nov 15, 2022 3:11pm
Yes you are right . I have thought about all those factors .  And I own a couple of those other miners and they are doing worse than . BHT . Something needs to happen quick .
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