Canada Nickel Company Inc V.CNC

Haywood Analyst Pierre Vaillancourt - TOP PICK, $7/sh

[ourrug]

Haywood Analyst Pierre Vaillancourt - Canada Nickel Rating: TOP PICK Target: $7/sh

[DrNo1962]

Someone should ask Haywood if they are such bulls on CNC why they have been top 3 net seller for the past month.  IMO CNC will trade sideways to down until feabibility study release - at the earliest - unless surprise higher grades or something major unexpected is announced. There's a reason they have now done flow-though financings at lower prices each time.  IMO the market is

[Rm90090]

We could potentially get a bump with a resource update. We are supposed to have Crawford be 50-100% bigger...

[EndZonefor7]

Haywood sold $557K since the PP anouncement. Anonymous has sold $18.8 million. Anymore FUD? 

[DrNo1962]

FUD? If you bought CNC over the past 12 months you are underwater here is less you bought during 2-3 week crash in Sep-Oct. How is pointing out facts FUD? If I was long I would be more concerned with the relentless cheerleaders even in the face of languishing share price, over-promise under-deliver, disappointing market reaction to news, etc. Maybe the relentless 'longs' here are really

[EndZonefor7]

But I didn't just buy and neither did you, so maybe go post on another stock as you have no others. You're sounding like a whiny short more each day. You tried to say Haywood was some massive dumper and they aren't and I showed it. Get over it and move on shorty.

[GnuckyT]

Haywood handled both their recent flow thru shares and last years private placement. https://www.haywood.com/what-we-offer/investment-banking/recent-transactionsactions (haywood.com)

[DrNo1962]

Haywood sold 68,200 shares today alone. Bought 0. The have been a consistent sizeable seller despite $7/share price target. No idea who is behind Haywood selling but not typically retail clients. Fact.

[Amo817]

Can't deny this.  All these price target mofo's should have to provide timelines.  Otherwise its pump and dump on another level.

[apapas1973]

The rule of thumb for price targets Amo is one year out from the time they set them. Give or take. When the year comes around they decide on whether to maintain, upgrade or downgrade them based on the circumstances of the company. We're approaching the original year targets around now. Either cnc has to show something or there may be some revisions. The thing is CNC has a ton to work with

[DrNo1962]

Apapas1973 have always enjoyed your thoughtful posts. With respect what I heard from Mark was that the recent flow through financing was better than a strategic investor (which we were made to believe would be low-grade miner) because the former offered institutional support and the latter just a one day news release. The story changed and price action suggests market doesn't buy it. There is

[EndZonefor7]

Shorts went up as part of the FT just like last time til they covered. Still spreading FUD deep. Same as sulpher FUD. Ausenco signed off on metallurgy processing. You saying they are fraudulent too ?

[N3tPr0phet]

"Metallurgy processing" is a bit broad. Ausenco specifically signed off on the formulas indicated on page 9 of the PEA.

[EndZonefor7]

Whatever. They signed off on it. Spreading bullsh*t doesn't change that.

[Seahawk001]

Yo end zone, I told ya I'd see ya in the $2.50's having a stroke.  I got back in at $2.57 today, probably $1.35 less than your average huh Leafs fan...Go oilers 

[CravingProfits]

Good for you Seahawk. That is what my last post is about. But the again, that is also how the market manipulators and bots make their money off of us. They figure out level 2 (or maybe 5 who knows) and trade accordingly. They scoop up the ask orders untill they run dry and then reverse positions. Simple as that in my novice opinion again. Glta

[Seahawk001]

From here on out if I see a loss of more than $500 I bail n wait, so far so good. Still green from the $1.60 days. I did buy at $3.85 once, glad I sold way back or I'd be having a stroke as well lol

[EndZonefor7]

You said $2.50, so you panic bought,lol. Good on ya. I got most under $1 thanks. No stroke here. DrNo-nothing clearly is.

[N3tPr0phet]

Spreading bullshit and quoting specific representations in a technical document are not the same.

[EndZonefor7]

It was a generalization as you well know. Stick to your own board... oh right you don't post there like no one else does.

[N3tPr0phet]

The question I'm posing pertains exclusively to the board that I posting it on and if you have a problem with that then go kick rocks after pounding some sand.

[EndZonefor7]

But you never have an answer for the FUD you spread like the other non shareholders. Meanwhile you're an authority on your pet stock metallurgy no one cares about. Sad existence posting on stocks you don't own day in and out.

[N3tPr0phet]

What FUD don't I have an answer for? I believe I'm asking legitimate questions and that objective truth is best arrived at via open discourse.

[CravingProfits]

...if I can butt in..... Mining stocks are the perfect and possibly best stocks to be held, sold at the highs, bought back at the lows, shorted after news releases wear off, manipulated on pp's and options and Bot trading the ask and sell. In my novice opinion. So it is always difficult to predict what comes next because we just cant determine that on a daily or weekly and sometimes monthly or

[EndZonefor7]

Agreed CravingProfits. The shorts and non shareholders are having an OCD fit over made up FUD. Of course we didn't want to see it drop again but it did so just have to deal with it, add more, or just STFU and move on. I read NFG just going thru same thing with Sprott FT financing.

[EndZonefor7]

So shorty is still clueless how FT's work ? Biggest whiner about a stock he doesnt own and thinks isn't a mine. FUD spreader.

[PCGuy10]

A year ago we had a 1 year price target of $6.00. How did that work out? We went from a 52 high of 4.50 to a 52 week low of 2.20 up to 3.90 when Mark promised a Strategic Investor by Christmas, when that was delayed until  the end of Q1, it dropped into the 2.70's then bouced up the day before it was halted (tell me something wasn't leaked somewhere), then peaked at 4.00 again after

[apapas1973]

I definitely can't argue considering the disappointing news we've had Pcguy. That's why I said those targets are coming due right about now. Its going to be time for the analysts to reassess. What happens there I have no idea. We're going to find out soon.

[DrNo1962]

For those interested in something other than exclusive pumping CNC - Since recently issuing a $7 price target Haywood has sold 360K shares for ~$1 million since April 1st - they have purchased $0.  IMO this is the collateral damage of recent flow-though financing - as is 3 million short position as at Mar 31st.  Watch for this short position to increase to Apr 15th for the same reasons