Is this CNC project too good to be true?
The more i read about CNC the more I'm liking this story. Is there a catch? What's the biggest downside risk to this project? We have an MOU signed with first Nations establishing a relationship with them, it's near main roads and highways, organizations i.e US govt already showing interest, funding i can't see being a problem, mine life looks to be huge with more exploration potential, lower capital expenditures and acceleration of initial smaller open pit mine if Glencore MOU is signed, market cap of about 300 million so still lots of room to grow, and last but not least we're entering a possible nickel super cycle amid all the EV demand and we'd be getting in right at the beginning with not enough supply of nickel for the demand. I guess what I'm getting at is, can someone convince me to not buy shares in this company?