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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 PCGuy10on Jun 22, 2023 9:32pm
73 Views
Post# 35510521

RE:RE:RE:In the meantime.......

RE:RE:RE:In the meantime.......Look at what happened to Nortel. They did a 1:10 reverse share split. Less than 2 years later, the share price was back down to the same vale the stock was trading pre split.

What didn't help Nortel was that the Board of Directors had a meeting to fire the CEO for fraud. Withing minutes, of the meeting, someone from an IP address in Shanghai logged in using the soon the Ex-CEO's access id and password and downloaded the entire Intelectual Property Database. They were watching that Board meeting in real time.
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