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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

Comment by MOshowmeon Sep 03, 2021 11:41am
146 Views
Post# 33809349

RE:Here’s what’s up

RE:Here’s what’s upWhy would Spruce Ridge want to make the folks who sold after Aug 6th whole? Until the new date of record is announced; I say keep those sellers guessing and where they will have to buy back the shares sold to make themselves whole.  All I see is there should only be an incentive to buy more so those new shares will be included in the date of record. Makes no sense to me why people should get the advantage of selling their shares at a higher price and have those shares included in consideration of how many shares of CNC they get? If anything, those that sold after Aug 6th should feel like this great I made money when I sold at .16 or .17 cents and now I can buy it back at a lower price so I can make sure they are included in the new date of record. That should be enough of making them whole. Because the way this news release reads to me, it like those that sold are being rewarded for selling.  

Please help me out. I must be missing something. 
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