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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 Apr 06, 2022 5:39am
242 Views
Post# 34579404

Institutions...

Institutions...Just listened to latest interview. I heard this financing was better than a strategic investor because that would only be a one day news release whereas this financing saw shares go to 25 institutions who will support share price (?!). I disagree strongly. A strategic investor - if it was someone who understood low grade mining like we were told they wanted - would immediately validate work to date and show they believe this is a mine - they would also get their shares and HOLD THEM unlike the "institutions" who are selling now. To me answer to that question was desperate - especially given share price selloff post-financing. Interviewer should have asked Mark "So when do the institutions start buying and supporting share price - because it's not happening today?'
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