Nickel 28 Capital Corp V.NKL

Nickel 28 - Get used to higher stock price

[GoldPathfinder]

Excellent q1 and the company have many shares to repurchase and cancel.
Get used to green color stock price!

1 Cad today & 2 Cad to q2?

https://stockhouse.com/news/press-releases/2021/06/01/nickel-28-announces-q1-2021-financial-results

[lumpy13]

For those holding NKL shares from the acquisition of Cobalt 27, the imputed value of NKL was C$1.92.  So we have a ways to go to reach the breakeven. Not that I'm complaining that the price is rising, just that the imputed value was vastly over estimated.

[Talchior]

I totally understand your point but I not totally agree. The deal was indeed to receive a share of Conic of 1,92 but also 4 cad in cash. It was a share then depending on the bid and ask.  The last rate of cobalt 27 was 4,36 cad. The first of Conic was 0,39 cad and 4cad in cash. Same below the proposed value, it was correct (I agree would be better if 1,92). However, let's do an

[lumpy13]

Not sure exactly what you're saying, but I think it is that if I'd taken my cash proceeds from the C$4/CO27 shares and bought NKL, I'd be better off now.  But, that's 20/20 hindsight.   How many CO27 shareholders took their cash and bought NKL shares?  I doubt that there were many.

[Talchior]

I try also to explain that the break-even is already passed. It was the last rate of cobalt 27. (I know that you could have bought higher). Let's enjoy the futur.

[GoldPathfinder]

Nickel 28 Interview: https://m.youtube.com/watch?v=OqTg1ng-c3I