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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 Quintessential1on Jun 14, 2024 10:23am
87 Views
Post# 36089065

RE:C'mon guys!!!

RE:C'mon guys!!!Yeah guys C'mon!  The reason the stock is down over 40% from 53 week highs is because the underlying commodity is down 14% LOL

And if nickel doesn't recover neither will the share price.  Even if it does its still a gamble.

GLTA but this DB



Eyetradestocks wrote: Jesus you guys are slow on the uptake...

CNC shares are falling in value because Nickel dropped from $21,000 to just under $18,000.

What is so hard to understand about that?

This is a development play some 1-2 years out: they don't actively produce [and therefore hedge] Nickel Sulfide by products for the stainless steel or EV industries...

WOW!!!




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