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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 > QC copper and Gold News release
View:
Post by reddog11 on Oct 01, 2024 6:19pm

QC copper and Gold News release

https://www.newsfilecorp.com/release/225194/QC-Copper-Announces-Strategic-Acquisition-of-Cuprum-Corp.

RD

Comment by jleer42 on Oct 02, 2024 12:44pm
No stock has traded yet today. Really far off everyone's radar. I would like to see Ian speak to how the company is going to move forward. We are in a much better spot compared to the last couple years, management needs to get more direction out.
Comment by reddog11 on Oct 02, 2024 2:06pm
jleer42, I agree. Really nice series of events this year for CCMI with zero credit at all. We just literally received a $3.5 million investment in a huge copper deposit that was providing nothing to our stock value. Rock bottom price. Will be awesome for us in the next few years. ( jmo). QC copper obviously sees this as a huge undervalued asset in an environment which has been terrible for ...more  
Comment by greendayyyy on Oct 02, 2024 2:13pm
Ian has worked hard for years to keep this company alive. We've been waiting for permits for a long time and Ian has no control over the Liberal government. Gold and silver producers have been hammered and undervalued for many months, so the wait for juniors to start bullish will be long and painful. Any good news here is always appreciated.
Comment by reddog11 on Oct 02, 2024 3:57pm
greendayyyy, Generally agree. Ians last interview a few months back. he did tell the interviewer it was not a governmental holdup on the permit, but CCMI. CCMI needed to finish the final permit process and it was in our court. Problem being not enough money. Hopefully the sales continue and we can finish the permit without dilution. Still...I really like the news yesterday. SHows there is value ...more  
Comment by jleer42 on Oct 02, 2024 4:08pm
Ian has said the permits are not submitted, CCMI needs to do some engineering work first. I was hoping the work would be done this fall, I think the cost is a couple hundred thousand. I thought the last funds raised could pay for it, leaving positive cash flow from the ore pile sales. I also don't know if Ian would prefer to own 30% of Thierry (Cuprum) or 10% of QC Copper. I know little ...more  
Comment by reddog11 on Oct 02, 2024 4:59pm
jleer42, as always , well said. I had the same question about the Thiery vs QC comparison. I did a little research and I do like that the Opemiska Mine that QC owns in North Quebec seems quite a bit more close to development and approvals than Thierry at this point. CCMI of course, woould retain some of Thierry through QC but have access to 10% of whatever QC develops or gets sold to a major ...more  
Comment by trebuh16 on Oct 04, 2024 10:16am
The closest project to production is BRM than Opemiska than Thierry. Once the permit for BRM is received, the negotiation to merge CCMI to XXIX will start. Bottom line, we will have a decent size Canadian copper producer. That's my take. What do you think? Trebuh
Comment by reddog11 on Oct 04, 2024 11:37am
trebuh16, I agree about the permit for BRM. I have thought for a while that at $.045 CAD that CCMI would be an easy value for takeover, but it seems no. BRM is probably too small for a major. Just seemed with the existing ore pile ( free cash)  for another miner and then add in the existing infrastructure and now a piece of QC and Thierry. Obviously I know little. RD
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