Canada Nickel Company Inc V.CNC

This makes no sense

[MOshowme]

Nickel Deposit Shows 'Impressive' Metallurgy (streetwisereports.com)

Saw this article about CNC in Streetwise reports. They predict at $1.49 a share that shareholders will make 118% on their money meaning a share price in the low $3 range. I know there are other gurus saying the stock will hit back in the mid $4 range. 

What happened to the $6-$9 predictions when CNC hit around $4.50 and there only substantial results they had was Crawford and now with major findings, a new heavy duty partner, and with extensive impressive results and many additional properities they are considered a nickel camp and no one wants to predict higher than $4 bucks. I want to ask these analysts what drugs they are taking.

This hanging around under $2 a share is getting very old.

[PCGuy10]

What happened to $6-9? Good question. People ask similar questions about Carnival Cruise Lines. It was once a $60 stock, now trading at $9.00+. They were asking when it will go back to $50. The answer is not for a very long time as it's not the same company as it was before the Pandmeic. There's now double the amount of shares outstanding so the old $50 per share would equate to $25. When

[EndZonefor7]

Markets have shifted in all the juniors, we're in a bear market where nothing makes sense. Lived through a few of these. We're up against investors/funds adjusting their risk levels.    On the positive side seeing a new nickel ETF by Sprott is huge and as more money buys in they buy more shares of each company. Dilution is a neccesary evil in the mining bizz.If you don't

[EndZonefor7]

BTW PCguy, Mincor has 530 million shares out and is getting bought out for almost $700 million Canadian. If we get bought out within the next year there won't be anymore dilution with CNC shares at 1/3 of that total at 137 million.  If BHP ups it to $800 million CDN for Mincor and Dumont goes for the similar then CNC will get a new valuation above that with more properties proven up