Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CCB Free Speech Board -- Ignore unavailable to you. Want to Upgrade?

To: muskwa who wrote (363)	1/23/2016 3:58:57 PM
From: naimarantz	1 Recommendation Recommended By Gilmar1 Read Replies (1) \| Respond to of 537

Those are all good questions Muskwa and of course without official information on the final numbers nobody is qualified to give exact amounts of profits. But some DD will show the marble is highly profitable and could be more so considering CCB is working with other parties that are interested in the broken pieces and waste (after removing the graphite) as disclosed in their news release. So the short answer is everybody will have to wait for the PEA before commenting factually. What you can do to satisfy your sincere curiosity is check marble producers and find out how much a marble saw costs and how much their removal/ shipping costs are. Keeping in mind the deposit is beside the main highway between Montreal and Quebec. Another thing to note is this is high quality Architectural Marble and as such the agreed to base price of $184 per ton is the worst price they will receive as large slabs go for a higher price and any there are royalties to be paid for the sale of all value added products. The final prices numbers are expected to be in the PEA. A mine will not be needed for marble ,and you are correct the revenue is expected to be used to fund graphite mine keeping in mind during the removal of the marble all graphitic sections will be separated and stockpiled with the many existing graphitic stockpiles from historic and present workings. Of course the markets big concern is "no 43-101 resource" and this also will be addressed in the PEA. Some dots for you to connect are, multiple historic graphite stockpiles exist, more historic graphite stockpiles are being found, fresh stockpiles are built up up from over a year of trenching, more graphite will become available when marble is exposed and removed, existing multiple graphite veins are exposed and at surface, 1500 tons a year are projected to be mined initially. All this information can be easily be gleaned from news releases. Looks like we wait for the PEA now.