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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 > $246k is Fantastic!
View:
Post by jleer42 on Jul 10, 2024 1:09pm

$246k is Fantastic!

Great consistent money coming in now, but moving ahead on permitting is the catalyst we need.
Comment by reddog11 on Jul 10, 2024 1:36pm
That is really nice. Just great. Stock drops. Go figure. RD
Comment by reddog11 on Jul 10, 2024 1:44pm
At these levels doing quick math and only selling the best grade with the sorter I believe we will net ay least 9 million from the existing ore. That is nearly the same as our entire market cap presently for basically free. Crazy that only a few of us see this. Shaking my head. RD
Comment by jleer42 on Jul 10, 2024 2:58pm
Thanks for the math. It is one reason I have stayed in the stock for so long. I'm hoping they can get Bull River producing with little or no additonal equity financing. 
Comment by reddog11 on Jul 10, 2024 3:39pm
jleer42, My hopes also. It is my understanding from the last interview and reading between the lines that the sorted ore takes about 1:5.5 of the existing. We are sending the sorted ore as it can absorb the shipping cost much better. Since we have about 180,000 tonnes and at a 5.5:1 ratio, we should be able to ship and produce these excellent revenues on approx. 33,000 tonnes. To date we have ...more  
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