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NiCAN Ltd V.NICN

Alternate Symbol(s):  NILTF

NiCAN Limited is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and evaluation of mineral properties. The Company is actively exploring two nickel projects, Wine and Pipy, both located in the mining jurisdiction of Manitoba, Canada. The Wine Project is located within a favorable portion of the highly prospective Flin Flon-Snow Lake Greenstone Belt of Manitoba. The Wine Property, comprised of 24 mineral claims totaling 5,666 hectares (ha), is located in northwestern Manitoba, in the eastern Flin Flon-Snow Lake greenstone belt on the southern flank of the internal zone of the Trans Hudson Orogen. The Pipy property, comprised of eight mineral claims totaling 1,272 ha, is located in northeastern Manitoba in the northern extent of the Thompson Nickel Belt (TNB). The Pipy property is in the northern TNB, which is a 150 kilometer long nickel metallotect extending from Phanerozoic cover in the south, to north of the City of Thompson.


TSXV:NICN - Post by User

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Post by capt1120on May 22, 2024 10:43am
145 Views
Post# 36051878

Ive seen enough , Im out this morning

Ive seen enough , Im out this morningAnother great intercept of length at a shallow depth and the stock gets papered out at 10 cents on the sell side, nothing but traders in here grinding it for cents, NO longer term capital players or funds taking positions it would seem,  stock is heading for another capital raise at some point and I was hoping for higher prices but the stock is jammed in park price wise, I may be wrong and wish U all that stay long that the tide changes, stock will have no news here for the next while drill wise, could be a corporate event that moves the needle, summer is upon us, the story will probably pick up pace again in late August, enjoy the summer, I was hoping this would develop into a EVNI story which went from 8 cents and is now 79 cents, this stock although with better drill results at present in a grass roots play cant break through the last capital raise of 10 cents. 
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