Post by
reddog11 on Oct 04, 2023 10:02am
Interesting twist
If we can actually get going on Bull River, then this announcement is quite positive.
We still will have a 35% interest in a property at someone elses development cost.
There was no way we could raise the money to develop Thierry without huge dilution.
I dont think we paid much more than what we are receiving and still retaining the 35% interest.in this climate thats really good.
I really thought Bull River was dead. Guess not.
100 mil in infrastructure and nearly a free pile of ore at $15-20mil.
Will wait for Bull River now.
jmo
RD
Comment by
greendayyyy on Oct 04, 2023 11:58am
Interesting news. Putting all efforts now on the flagship Bull River project has always been CCMI's priority. Will we finally have the chance to get the permits and get this project up and running? Will our patience finally be rewarded? Who knows.