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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 jleer42 on Jun 17, 2024 8:50am

May Revenues

$100k with the sorter being down one week and they just transitioned to running it 7 days a week - up from 5. Steady income now, hopefully we can push forward and permitting.

B.C's critical mineral strategy seems to be a case of lipstick on a pig. Nice sounding plans on top of a whole bunch of regulations to make permitting almost impossible.

https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/bc-geological-survey/critical-minerals/phase_1_bc_critical_minerals_-_digital.pdf
Comment by reddog11 on Jun 17, 2024 10:54am
I feel that the stockpile of existing ore will keep us funded until we can obtain the permit. Not many juniors have a source other than PP after PP at ridiculous low prices. If we netted 100,000 last month on 3 of 4 weeks and 5 of 7 days then we should see increased revenue next month of around $150,000. The sorter is really a good asset so we can ship high grades. I hope we can use the ...more  
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