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Nickel 28 Capital Corp V.NKL

Alternate Symbol(s):  CONXF

Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty on the fully permitted Dumont nickel project in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The Company is focused on building its portfolio of battery metals investments, including streams, royalties and other direct interests in producing mines, development projects or exploration properties. The Company's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty and Nyngan Cobalt-Scandium-Nickel Royalty.


TSXV:NKL - Post by User

Post by invest234on Oct 04, 2022 12:30pm
169 Views
Post# 35004401

disclosure

disclosurewith gold going crazy rebounding from lows, i sold all my nkl shares to trigger tax loss to offset other gains earlier in the year, and put it all into sgi which was beaten down by covid and unusually heavy rain. looks really cheap at $46 mil market cap when they transition to mining higher grade at 100k oz/yr gold. also was worried about lower cash distribution to nkl in the short term with lower sales. may come back to nkl later on. good luck to all!

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