up a thousand two thousand percent |
4.799 |
Jump to 44.1 |
|
think it's been a 20 bag or Brunswick uh |
6.48 |
Jump to 48.899 |
CARDINAL
20
PERSON
Brunswick
|
2013 when it was very easy to get you |
4.979 |
Jump to 82.5 |
|
um but first before we get into all that |
3.841 |
Jump to 206.159 |
ORDINAL
first
|
picked up this project back in 2013 |
4.321 |
Jump to 216.599 |
DATE
2013
|
looked across Quebec this is one of the |
4.741 |
Jump to 218.879 |
GPE
Quebec
CARDINAL
one
|
hole but one we did a partnership with |
4.741 |
Jump to 240.599 |
|
they've drilled you know close to 14 15 |
7.5 |
Jump to 260.28 |
|
000 meters of drilling uh we're waiting |
5.04 |
Jump to 264.9 |
QUANTITY
000 meters
|
first week of May right now so we're |
5.34 |
Jump to 296.34 |
DATE
first week of May
|
roughly we could be you know eight eight |
5.461 |
Jump to 298.979 |
|
weeks away maybe eight what do we |
4.32 |
Jump to 301.68 |
DATE
weeks
CARDINAL
eight
|
probably you know eight to ten weeks |
4.14 |
Jump to 304.44 |
|
to hit you know 10 000 or sorry 10 |
5.1 |
Jump to 324.84 |
CARDINAL
10 000
CARDINAL
10
|
million metric tons to kind of be a |
4.14 |
Jump to 327.24 |
QUANTITY
million metric tons
|
numbers uh 10 million 20 million I mean |
5.761 |
Jump to 333.479 |
MONEY
10 million 20 million
|
that the base is is 10. so it's very |
4.739 |
Jump to 336.18 |
CARDINAL
10
|
of people are doing it in uh 15 17 |
4.741 |
Jump to 340.919 |
|
000 meters so we'll see where they get |
3.9 |
Jump to 344.22 |
QUANTITY
000 meters
|
um so the is to get about 10 million |
4.08 |
Jump to 371.52 |
CARDINAL
about 10 million
|
yeah 10 million is the minimum I mean |
4.1 |
Jump to 382.68 |
CARDINAL
10 million
|
yeah the minimum is 10 million okay and |
6.361 |
Jump to 393.539 |
CARDINAL
10 million
|
property was picked back in 2013 when |
4.799 |
Jump to 426.18 |
DATE
2013
|
um you pick the one that's closest to |
3.121 |
Jump to 430.979 |
|
the road the closest one that will allow |
4.201 |
Jump to 432.419 |
|
to be in production in the next five to |
4.321 |
Jump to 440.759 |
DATE
the next five
|
ten years 15 years even I I don't think |
5.72 |
Jump to 442.319 |
DATE
ten years 15 years
|
I mean you could have 30 40 meters uh |
4.799 |
Jump to 452.46 |
QUANTITY
30 40 meters
|
think 10 million metric tons it sounds |
3.36 |
Jump to 481.02 |
QUANTITY
10 million metric tons
|
a lot 10 millimeter tons is like you |
3.659 |
Jump to 484.38 |
QUANTITY
10 millimeter tons
|
they get to this resource estimate of 10 |
4.979 |
Jump to 501 |
CARDINAL
10
|
million metric tons uh |
4.56 |
Jump to 502.919 |
QUANTITY
million metric tons
|
that worth in today's market 10 million |
4.5 |
Jump to 514.32 |
DATE
today
CARDINAL
10 million
|
their market caps are based on 10 |
4.8 |
Jump to 531 |
CARDINAL
10
|
million metric tons or 20 million metric |
4.62 |
Jump to 532.98 |
QUANTITY
million metric tons
QUANTITY
20 million metric
|
about a hundred million dollars worth of |
4.441 |
Jump to 539.279 |
MONEY
about a hundred million dollars
|
10 million metric tons I mean this is |
3.78 |
Jump to 543.72 |
QUANTITY
10 million metric tons
|
zero so there's always a risk right but |
3.06 |
Jump to 565.56 |
CARDINAL
zero
|
next eight weeks 10 million metric tons |
5.221 |
Jump to 575.279 |
DATE
next eight weeks
QUANTITY
10 million metric tons
|
again the comps ballpark 100 million |
6.6 |
Jump to 577.32 |
CARDINAL
100 million
|
that an eight million valuation right |
3.359 |
Jump to 583.92 |
CARDINAL
an eight million
|
now like an eight ten under 10 million |
3.96 |
Jump to 585.42 |
|
yeah under 10 million for sure probably |
3.361 |
Jump to 587.279 |
CARDINAL
under 10 million
|
like seven |
3.6 |
Jump to 589.38 |
CARDINAL
seven
|
I know critical elements has a 0.9 |
6.06 |
Jump to 606.54 |
CARDINAL
0.9
|
got other ones that are like 1.4 percent |
3.96 |
Jump to 612.6 |
PERCENT
1.4 percent
|
you know I don't know uh in some third |
3.959 |
Jump to 691.62 |
ORDINAL
third
|
would say one one thing I was just gonna |
3.6 |
Jump to 744.06 |
CARDINAL
one
|
manufacturer a car manufacturer any one |
5.7 |
Jump to 764.639 |
CARDINAL
one
|
government made a deal for 13 billion |
6.121 |
Jump to 776.639 |
CARDINAL
13 billion
|
for Volkswagen over 10 years which is |
6.421 |
Jump to 779.399 |
ORG
Volkswagen
DATE
10 years
|
one through 1.3 billion in subsidies so |
4.8 |
Jump to 782.76 |
CARDINAL
one
CARDINAL
1.3 billion
|
there and there's a delay between 2030 |
7.559 |
Jump to 800.22 |
DATE
2030
|
2035 in exploring finding permitting |
7.36 |
Jump to 803.3 |
CARDINAL
2035
|
10 years it's now because there is a |
4.8 |
Jump to 815.279 |
DATE
10 years
|
yeah so the bottom one is the you know |
4.44 |
Jump to 822 |
|
the next I think six to 12 months again |
4.019 |
Jump to 897.12 |
DATE
six to 12 months
|
18 24 months I mean it's growing like |
4.861 |
Jump to 1000.019 |
DATE
18 24 months
|
300 million cars the United States and |
4.321 |
Jump to 1026.299 |
CARDINAL
300 million
GPE
the United States
|
they're looking to have 150 of those |
5.52 |
Jump to 1028.22 |
CARDINAL
150
|
electric vehicles by 2035 in Canada by |
6.48 |
Jump to 1030.62 |
CARDINAL
2035
GPE
Canada
|
2030. every vehicle on the road this is |
5.16 |
Jump to 1033.74 |
CARDINAL
2030
|
in the next eight weeks potentially |
4.68 |
Jump to 1056.78 |
DATE
the next eight weeks
|
let's call it 100 million now the |
5.28 |
Jump to 1064.94 |
CARDINAL
100 million
|
what is it's a 50 position and you know |
4.92 |
Jump to 1070.22 |
CARDINAL
50
|
sickness has the other 50 right |
5.159 |
Jump to 1075.14 |
CARDINAL
50
|
two million dollars that would be coming |
5.34 |
Jump to 1098.36 |
MONEY
two million dollars
|
them 51 of the project |
5.52 |
Jump to 1103.7 |
CARDINAL
51
|
to give us another three million spend |
4.199 |
Jump to 1109.22 |
CARDINAL
another three million
|
another six million to get up to 30 |
4.08 |
Jump to 1110.9 |
CARDINAL
another six million
CARDINAL
30
|
be a 50 uh 49 once they've paid the next |
6.299 |
Jump to 1117.38 |
CARDINAL
50
|
two million okay so so the other so the |
4.261 |
Jump to 1120.559 |
CARDINAL
two million
|
what's cool let's just call it 50 |
3.48 |
Jump to 1166.46 |
CARDINAL
50
|
million plus whatever upside which would |
4.38 |
Jump to 1168.2 |
|
we're saying we threw out a number of 10 |
4.021 |
Jump to 1207.799 |
CARDINAL
10
|
million is kind of a low bar let's say |
4.02 |
Jump to 1209.72 |
|
you get a bigger resource than 10. you |
4.099 |
Jump to 1211.82 |
|
ah very very small I mean less than one |
5.56 |
Jump to 1219.52 |
CARDINAL
less than one
|
percent I mean two percent it's a it's a |
4.081 |
Jump to 1223.039 |
PERCENT
two percent
|
um they've been six they kind of started |
4.26 |
Jump to 1242.48 |
CARDINAL
six
|
they picked it up five years ago they |
4.5 |
Jump to 1292.88 |
DATE
five years ago
|
100 and it'll be our project and we'll |
4.921 |
Jump to 1339.799 |
CARDINAL
100
|
of Junior mining companies and one of |
3.78 |
Jump to 1359.84 |
CARDINAL
one
|
us like the first thing I want to do is |
3.24 |
Jump to 1375.08 |
ORDINAL
first
|
we have 25 million shares outstanding we |
5.339 |
Jump to 1378.32 |
CARDINAL
25 million
|
probably have about 2.45 million dollars |
5.16 |
Jump to 1380.96 |
MONEY
about 2.45 million dollars
|
two million dollars worth of of uh of |
5.24 |
Jump to 1386.12 |
MONEY
two million dollars
|
Malibu beachfront you know 150 years ago |
5.5 |
Jump to 1454.6 |
GPE
Malibu
DATE
know 150 years ago
|
200 years ago that's where we are today |
4.26 |
Jump to 1457.64 |
DATE
200 years ago
DATE
today
|
even 50 years ago you could have got it |
3.12 |
Jump to 1460.1 |
DATE
50 years ago
|
maybe four years ago you could have |
3.42 |
Jump to 1461.9 |
DATE
four years ago
|
conversation you know even two years ago |
3.42 |
Jump to 1484.94 |
DATE
two years ago
|
we're like in that first probably first |
6.781 |
Jump to 1510.919 |
ORDINAL
first
ORDINAL
first
|
project in you know the one of the best |
5.699 |
Jump to 1524.84 |
|
realize is that 90 of these you know |
5.94 |
Jump to 1545.9 |
CARDINAL
90
|
basically Inception to a billion dollars |
5.16 |
Jump to 1615.32 |
MONEY
a billion dollars
|
spend the initial four million dollars |
3.541 |
Jump to 1636.919 |
MONEY
four million dollars
|
like seven eight months because they're |
4.02 |
Jump to 1640.46 |
DATE
seven eight months
|
or not one of the things again with with |
6.059 |
Jump to 1650.12 |
|
let's say they had 18 months to spend |
4.86 |
Jump to 1723.559 |
DATE
18 months
|
spend it they spent it in six or seven |
5.58 |
Jump to 1726.02 |
CARDINAL
six or seven
|
look one of the one of the issues I know |
3.6 |
Jump to 1752.6 |
|
do in 18 months they got it done in six |
3.84 |
Jump to 1773.6 |
DATE
18 months
CARDINAL
six
|
in a third of the time uh and I'm |
3.661 |
Jump to 1775.159 |
|
estimate let's in um next let's eight |
4.98 |
Jump to 1792.86 |
CARDINAL
eight
|
stop at 10 million metric tons I think |
3.781 |
Jump to 1851.059 |
QUANTITY
10 million metric tons
|
what if what if it's a 100 million |
6.181 |
Jump to 1872.419 |
CARDINAL
100 million
|
gonna go and do what we did in the first |
4.38 |
Jump to 2037.899 |
ORDINAL
first
|
the southern extension so the two |
3.78 |
Jump to 2075.04 |
CARDINAL
two
|
for the cooperation between the two |
5.46 |
Jump to 2091.96 |
CARDINAL
two
|
additional project and again the first |
3.78 |
Jump to 2142.72 |
ORDINAL
first
|
one is still you know this this is you |
4.32 |
Jump to 2144.4 |
|
said they only drilled so far one |
5.82 |
Jump to 2146.5 |
|
a good 14 15 |
4.32 |
Jump to 2163 |
|
000 meters in there you can check the |
3.24 |
Jump to 2165.7 |
QUANTITY
000 meters
|
it's under 10 million now you know seven |
3 |
Jump to 2190.72 |
CARDINAL
seven
|
million it's under 10 million that's |
3 |
Jump to 2192.28 |
CARDINAL
10 million
|
whatever whatever eight million seven |
4.74 |
Jump to 2193.72 |
CARDINAL
eight million
CARDINAL
seven
|
million uh and um you have more there's |
5.16 |
Jump to 2195.28 |
CARDINAL
million
|
the resource coming up uh eight weeks |
5.04 |
Jump to 2200.44 |
DATE
eight weeks
|
one percent or one percent of the |
5.219 |
Jump to 2209.38 |
PERCENT
one percent
PERCENT
one percent
|
time wise is next 10 days |
4.2 |
Jump to 2228.04 |
DATE
next 10 days
|
six to eight weeks how many news how |
5.7 |
Jump to 2285.28 |
DATE
six to eight weeks
|
six eight over the summer basically |
3.659 |
Jump to 2293.44 |
CARDINAL
six eight
DATE
summer
|
um we're gonna have two three four you |
5.22 |
Jump to 2301.359 |
CARDINAL
two
|
compare to the size of the existing one |
2.519 |
Jump to 2431.32 |
CARDINAL
one
|
of strike right you might have 50 |
3.601 |
Jump to 2444.339 |
CARDINAL
50
|
about 34 kilometers away from where we |
5.94 |
Jump to 2447.94 |
QUANTITY
about 34 kilometers
|
2.4 million in the bank we're expecting |
4.141 |
Jump to 2518.079 |
CARDINAL
2.4 million
|
any day after spending the 4 million |
3.78 |
Jump to 2520.18 |
CARDINAL
4 million
|
two million dollars of stock or cash |
4.86 |
Jump to 2523.96 |
MONEY
two million dollars
|
roughly four and a half million dollars |
3.9 |
Jump to 2528.82 |
CARDINAL
roughly four and a half million dollars
|
4.4 |
4.2 |
Jump to 2530.74 |
CARDINAL
4.4
|
per you know every 10 million metric |
3.84 |
Jump to 2548.98 |
QUANTITY
10 million metric
|