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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 DrNo1962on Aug 13, 2021 8:53am
161 Views
Post# 33699769

Share price...

Share price...Share price here is languishing prmiarily b/c of lack of news flow combined w/ recent 3M share flow through financing.  It's that simple IMO.  Flow through shares are 100% tax deductible.  Many participants will sell just for tax deduction.  By my calculations share price can fall to ~$2.40 and flow through investors will still break even - everything above that is profit.  Until this churn is done or astronomical news flow attracts buyers CNC.v may continue to drop - like I said as low as $2.40-2.50 per share.  If you believe in the story here that is when you buy!  Simple really.
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