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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by apapas1973on Aug 12, 2021 11:43am
153 Views
Post# 33691830

Best guess

Best guess
CNC will close 3.00-3.01 in the next day or two. You'll see a huge wall of bids supporting the 3.00 price. At some point in the next few days those bids will get pulled and end up on the ask side at which point the stock will either gap down from the 200 day or just Punch through it. That's when the panic will start... Seen this so many times and have gotten burned by it. Some dirt bag wants into this solid company at rock bottom prices. And it looks like they're about to get their way. GLTA.
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