RE:RE:RE:RE:Copper comparisonGoldman's new analysis just out doesn't agree with your rosy picture. Next leg up won't be inanother ten years for nickel. Brian Acker was also on BNN and he stated to avoid commodity plays just like nickel too. I will repost this post of yours in two years when energy investors reap the dividend windfall as a result to something that CNC doesn't have which is cash flow.
https://www.bloomberg.com/news/articles/2022-05-29/goldman-says-bull-market-in-battery-metals-is-finished-for-now
EndZonefor7 wrote: The easy money has been made on oil and gas stocks IMHO. O&G stocks now have to sharpen their pencils and deliver huge profits on high expectations. They also run the risk of higher carbon taxes that will nulify some of their future profits.
Not to say they won't continue higher, but the risk/reward for nickel/copper has way more profit potential as they are just starting their super cycle. O&G is closer to the end.
You also have to look at what's coming down the road for news upside for CNC and the return to higher nickel prices as the rest of the year goes. EV's are a global transition advertising monster for nickel and copper. Every second TV commercial seems to be an EV.
CNC is sitting here like a coiled spring trading the tightest I've ever seen it with news on resource totals. I like my odds here better.