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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 apapas1973on Apr 19, 2023 11:55am
103 Views
Post# 35403152

RE:RE:Betting on Mark and the supercycle. But...

RE:RE:Betting on Mark and the supercycle. But...The share price is easily manipulated Endzone because a good chunk of it is held in strong hands. And these long term investors aren't giving it up. So that leaves a smaller float to trade around. They can easily control the price. We better hope these long term investors don't throw in the towel at some point before any takeover offer. 

As far as M&A, it's going to provide somewhat of a floor but if they wait on making offers, that will make it harder for us to continue to raise cash as we need it. It will suppress the price during a downturn in the economy. And the potential suitors no that.  Of course if they wait and we come up with some doozy news, then any offer during a supercycle will multiply several fold. GLTA
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