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Bullboard - Stock Discussion Forum 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... see more

TSXV:NKL - Post Discussion

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Post by Michiel on Nov 23, 2021 9:12am

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Canada nickel company is doing very well the last days. Wouldn t it not be smarter to put our nickel-focust money in that stock? What is your oppinion....
Comment by Talchior on Nov 23, 2021 9:37am
Nickel28 is a long term company. I can wait a decade to have my profit put to the moon.
Comment by Michiel on Nov 23, 2021 9:53am
lol. You are a real Nickel28-fan Talchior.
Comment by abrahaminc on Nov 24, 2021 8:26am
Interesting note Michiel! Nickel 28 & Canada Nickel are two very different animals. Nickel 28 has actual income with minimal operational risk and has additional upside because of its debt repayment and the other royalties Mining tends to be very high risk, recent implosions including Nemaska Lithium are a good reminder of this. Canada Nickel is great project and if things go well could offer ...more  
Comment by Michiel on Nov 24, 2021 11:43am
@abrahaminc. Thx for your analysis But for Canada Nickel , which is according to your opinion, a high-risk action, people are prepared to pay over 3$ a share, and for Nickel28, a low-risk action, the investors have no Urgentie to buy, even with a price below 1$. The saving is "The market is always right". So the market believes there is more potential for Canada Nickel Comp i guess.
Comment by abrahaminc on Nov 24, 2021 12:04pm
I am not bothered to limit what stupid people do. I can simply share my opinion which is what you illicited through your post. Nickel 28 was $0.12 cents when Canada Nickel was $3.00, how about now? My point is precisely that a significantly de-risked Nickel 28 with cash flow is highly undervalued at $1. Also share is price is only one of the factors that goes into valuation...
Comment by abrahaminc on Nov 24, 2021 12:06pm
The saying 'the market is always right' refers to the long run....in the short run the market is often wrong....
Comment by Michiel on Nov 24, 2021 12:40pm
@abrahaminc. Your right. This one is for the long run. Nickel price is up strongly today. I am curious how much this will boost the CF in second half of the year.
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