Longterm CCB has a large potential but like other stocks that have potential something is in the way of reaching that potential, its either permits, or its funding, or its logistics or management.
I made a joke about a year ago that Legris and the fraudulent GSLR Councillors were number 1, number 2 was the day that we were to go to court, GSLR backtracked on everything preventing us from mining and we agreed to drop the suit and they managed to waste 2 years of our time doing it. Number 3 was to be Nuclear War. It turns out number 3 is COVID which has thrown ANY ideas, guesses, approximate times etc out the window. There has to be a public meeting and CPTAQ has to schedule it. If you ask them where we are on the list for public meetings, they will not release the info because its confidential to the company and the opposers.
So we wait. The more time that passes the closer we get to the public meeting. CPTAQ says they will do it via ZOOM, but thats today, no idea what they will say tomorrow.
In the CPTAQ decision which approved the go ahead of the mine and quarry they fore warned GSLR they can only argue agricultural, nothing else. So they can not argue, they do not want the mine or quarry. THe only agricultural issues are maple trees, which have never been used to get maple syrup. CCB in advance of the decision told CPTAQ that they would reforest the area with maple trees when finished. They accepted that.
So, we wait for the public meeting
CRM sales
We should be able to do a few million is CRM sales as soon as LGC gets the CRM status for the diluted CRM we gave them. Once done we should see a steady stream of income. It will sell for about $10,000,000 a ton and at this point the only thing we know for sure is NG18 sells about 4-5 tons a year into the market as the CRM, which once we start selling, they should lose. Why? we are 5 times more pure and its a Natural Graphite market they are selling into and they are synthetic. |
