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Canadian National Railway Co V.CNI


Primary Symbol: T.CNR Alternate Symbol(s):  CNI

Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Company’s rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.


TSX:CNR - Post by User

Post by willexon Nov 25, 2007 3:59pm
960 Views
Post# 13864232

Middelkoop Discovery Alert

Middelkoop Discovery Alert

Issue 41 - Continental Nickel (CNI.V)



Middelkoop Discovery Alert Continental Nickel Ltd (CNI.V)

Shares o.s. 29 mln
Market cap C$ 97 mln


"New high grade Ni-Cu sulphide zone, 7.50% Ni, 1.15% Cu over 9.55 m"


Hello all,

Although nickel prices are coming down a bit, causing Noront shares to come down from C$7 towards C$4, we are glad to present another great nickel discovery by a new company, which has only be listed on the Toronto venture exchange since August.

Summary

Continental Nickel has discovered a new high grade Nickel-Copper `massive sulphide` zone in Tanzania. This discovery exhibits grades which are exceptional for nickel sulphide mineralization. The potential for additional discoveries is high because drilling to date has intersected nickel sulphide mineralization in five other targets for which assays are pending.

How to play this

Although shares shot up over 150% after the press release was published yesterday, this happened on relative light volume. Not too many shars are free trading, since most shares are held by the joint venture partners in this projects. So try to buy shares under C$4. In case you don´t succeed, don´t chase this stock but wait for the first correction. The current valuation of around C$100 can double easily when more holes like this are reported.
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