Canada Nickel Company Inc V.CNC

Very likely something has leaked.

[apapas1973]

If we finish very strong again on higher volume, then I would say news is coming within a couple of days. Usually when you get get strong moves back to back, it's indicative of news coming. When that comes, I can finally post the sayonara post to the naysayers. That should be the beginning of this board returning to what it once was. GLTA

[CEOofEPO]

Did they find 0.60 percent high grade nickel lol

[NoobTube]

That'd be awesome.

[PCGuy10]

Forgive me for being cynical, but I've seen this pattern happen before. The last offering for instance. Someone knew of the pending trading halt and ran it up the day before then after it opened ran it up to $4.00 to create a FOMO rush then flipped the tables, went short and burned all the FOMO buyers. The oldest trick in the book.

[apapas1973]

You are correct Pcguy. That can and does happen. But I think these guys will get funding through an off take deal. That's the direction mark is trying to take it. Ultimately they may need more and dilute but there's some room for dilution. GLTA

[idlefreebird]

apapas , your right this size of deposit and the revenue to be generated can handle the 400 million share range...sitting pretty here at 113 million...get the project done and sell it but keep others and spin off and repeat...we shall get our return..glta

[apapas1973]

If they can tie up an offtake deal here Idlefreebird that will buy us some time. And won't really dilute in that type of scenario. Mark needs to get the share price up before any major dilution starts. It's kind of a catch 22. We need the cash to continue to move the project along to help lift the share price, but diluting to get that cash will work against us and could drive the price

[idlefreebird]

apapas, i agree 100%..we want to minimize share dilution and if any at a higher price for sure...Mark has skin in the game and working hard on a off take..then we rise to the top...glta

[PCGuy10]

Nothing to see here. Just the regulary scheduled FOMO sucker punch, short squeeze manipulation at work.

[apapas1973]

We're backtesting here Pcguy. There was a bit more room to run but we got a little ahead of ourselves. It's backtesting the 50 day and 10 week at the 143-145 area. This is healthy. As long as it doesn't drop down into the 120's again. Lol. GLTA

[EndZonefor7]

Agreed apapas, looks like a backtest. Who wants to be on the outside looking in during the beginnings of a supercyle ? Not I.