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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 Ivorygullon Jan 28, 2022 10:28am
132 Views
Post# 34370991

RE:RE:RE:The break of 323 was very bad

RE:RE:RE:The break of 323 was very badI don't see Vale, or BHP going up in anyway close to what CNC will do. It's obviously your choice, but I would certainly not want to wish that.

I'm not a trader and have no clue about all the technical stuff that is posted on here, so probably not the right person to offer advise, but I imagine you got into CNC knowing there was a possibility of it making a lot of money, having done all the DD you could, and continue to do. In saying that, you know there is a huge difference between an established major and a junior in terms of how much upside you can make. 

I too have a large position in CNC, and in fact it is my largest. Having just come out of GBR, I have a lot of shares. While in GBR, the gold price would go up, but did our share price, not always. It was stuck in the $13 range for about a year. I didn't give up and sell to a Barrick or another major, never dreamed of it. 

If you really believe in the CNC story, then you are IMO, never going to make the kind of money it sounds like you want to make, by switching around or trying to make quick profits on short term holdings. Not saying you wouldn't make anything, but if it were me, I wouldn't pull my money out of CNC to do that.

Sometimes we just have to wait.......


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