RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CRUX interview My pleasure guys.
For me - it seems like the investment thesis for Canada Nickel is this:
The world is going to be greatly short on nickel at a time when it will be greatly needed. The current model for mining Nickel is to search out high grade deposits. However, a) There doesn't appear to be any large enough high grade deposits for the majors to economically mine out, and b) Time is getting short in order to have the nickel ready for when they really need it in 3-5 years. Therefore, Mark is betting that the majors will turn to the only real economic game in town - large low scale deposits. If the scale is large enough then the economics get better and better.
The mining investment community is used to high grade nickel as being the favourite - and I beleive that is why our sp has had a ceiling on it. However, an investment/endorsement from a major mining company would signal to the market as a whole that majors are going to be looking at lower grade.
Personally, I am hoping for the strategic to be a major mining company, and not a financial institution. BHP being my first choice. We need to get the stock price up if takeout interest is going to happen around the FS.
Just my opinion, good luck everybody.