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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 NoobTubeon Oct 12, 2022 6:20pm
103 Views
Post# 35020873

RE:RE:RE:RE:Ring of Fire

RE:RE:RE:RE:Ring of Fire

It's a lot more complicated than throwing money at the problem to speed things up.  The Indian act itself is a hurdle as band and council elections are every two years.  Even if someone is supporting it during negotiations by signing time companies are now dealing with a different group.  To get these deals entire communities need to be won over.  Dealing with a few reserves is one thing, dealing with a dozen it totally different.


   Many don't know but the DeBeers victor pit that's 80k up river is filling with water, salinated water.   This is hugely concerning for the communities as the river itself is a source of food and tradition.  It's yet to be known where the water is coming from or how it'll effect the freshwater eco system up river.   Don't expect them to agree to anything for a while.

 https://www.northernontariobusiness.com/regional-news/far-north-ring-of-fire/first-nations-chiefs-concerned-with-ring-of-fire-process-4979238
 

       So the chiefs and councils that wanted more consultation won't get it as there are new councils and chiefs that have to learn all the ins and outs of the project.  2 years just isn't enough for any leadership to clean up messes from previous leadership and implement a vision.


 

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