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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 > new press release
View:
Post by reddog11 on Sep 20, 2024 2:09pm

new press release

See website.

Usually published here, but nothing yet.

A quote from the release was very interesting stating...

"A larger crushing and screening plant was recommissioned in mid-August 2024 and the unit is performing extremely well. Based on the current levels of productivity the Company expects that the entire surface stockpile, estimated at approximately 180,000 tonnes, will be crushed and screened by late September 2024 to early October 2024. To-date in September 2024, the Company has already exceeded the amount of material trucked to New Afton in August 2024."

The recommissioning is big newsto me, but maybe I am the only one.Ha.

RD

Comment by greendayyyy on Sep 24, 2024 1:06pm
The Liberals have completely forgotten that we are a copper producer. Investors here are sick of waiting for years. This company meets all the criteria for these permits. Open your eyes and give us what we deserve.
Comment by GSchumway on Sep 24, 2024 1:48pm
Ian previously indicated the delay is with CCMI as they have not applied for a permit yet.   I would like to see a permit asap aslo, but I also have faith that Ian has a very good reason for the delay (trying to maximize shareholder value).  In the meantime, think of the current share price/permit delay as an opportunity to pick up a few more shares at an excellent value.  ...more  
Comment by reddog11 on Sep 24, 2024 3:10pm
GS, I believe you are correct about the permit. the share price is so dismal I would hate to see any major dilution. If we can keep renting the sorter (should know soon) than with all the crushing complete by Octoberish, as news release indicated, The monthly payments should rise back up to the 1/4 million level. This should give us the funds we need to complete the permiting without further ...more  
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