Post by
calgaryfine on Jan 30, 2021 4:42pm
Canadian nickel coin (5 cents)
Current nickel price per pound= US$8.02
= US$8.02 X 1.28 (convert to C$)
= C$10.27
1 Canadian nickel coin(100% pure nickel) = 3.95 grams
1 pound = 453.592 grams
= 114.8 Canadian nickel coins
= 114.8 X 5 cents
= C$5.74
10.27 divide by 5.74 = 1.789
Your Canadian nickel coin is more valuable than its face value.
Comment by
SeethingHedgie on Jan 30, 2021 7:57pm
Imagine believing that nickels are made out of nickel, in the current year. ISHYGDDT GIGA is garbage. Negative NPV in the PEA. Moar liek giga-yikes, tbh fam.