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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 > Closing in December 2024
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Post by trebuh16 on Oct 04, 2024 2:17pm

Closing in December 2024

Upon closing of the transaction with XXIX in December 2024, CCMI is allowed to sell 10% of the shares received. This alone should pay for the engineering, the permitting and the 2024 ´year-end audit. Then we rent the sorter from a 3rd party (arm's lenght or not).

I will let Ian tell us how we can continue to send material to New Afton during 2025. We should have a mill running by fall 2026 which coincide with the end of the escrow period on the balance of the shares received from XXIX.

I am getting excited. Don't you? Trebuh16
Comment by reddog11 on Oct 04, 2024 8:33pm
I see no reason for CCMI to not be $.10 as soon as permit is assured. The current valuation is absurd based on what we own. I know othr juniors feel the same, but we have a friciken mine ready to roll and interest in another blockbuster. jmo RD