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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by apapas1973on May 07, 2021 11:06pm
417 Views
Post# 33158848

Addressing some concerns

Addressing some concerns
It's nice to see so many new profiles joining in recently...To begin, people shouldn't be trying so hard to compare CNC to high grade mines like fpx, tlo or anyone else. You have to take CNC for what it's worth and be happy with it or its time to move on. As it stands we are so far the highest grade sulphide mine and can provide the much needed product for EV batteries. Period. We also have a lot of it and i believe only going to add more but slightly increase our grade as well so it makes it that much better. Also as it's been said many times by endzone, govts are looking for nickel to be mined in an environmentally friendly way. Call it Net Zero, zero emmisions, carbon neutral, serpentine or brucite rock, ( are any of the last two that significant in people's investment decisions. Not a priority for me). Chances are these companies may not even have much success with these plans but as long as they're making an effort, they'll get support from the govt. The US govt was in talks with CNC and I'm sure with others as well. Who do you think govt's are going to do business with? Do they wait for companies with the high grade mines that may or may not build the mine or do business with established mines that can still provide the product in a hopefully environmentally friendly way. While everyone and their high grade mines wait to hopefully have them built, Selby is moving forward, expanding the properties, looking for cost synergies to improve the bottom line. In the end he's going to get to production before the others, lock in the sales, gain market share, improve market cap and then purchase the higher grade mines if desired. That's a smart business person. Someone on here asked whether Mark Selby is a promoter or builder.... You have to be both. I've stated before you could give someone under qualified an excellent mine and they could run it to the ground. Selby and team can take a good mine, build it efficiently and make it look fantastic. And where do you think Selby learned to deal with challenges and navigate effeciently through a project? Yup, Dumont. Similar projects indeed, but with a major difference. Dumont borders as far as i remeber at least one restricted area that doesn't allow for mine expansion. CNC as we know so far is continuous and going to grow. I still believe Selby renegotiated the option agreement to 100% and added the 6th property because he knows something of value is there. Lastly as I finish my drink, someone commented about waiting for PEA to come out, and make it the deciding factor on whether to sell. That's an option. A poor PEA would be disappointing, but we have a lot to work with here. A lot of unknowns for sure but a lot of potential as well. Investing is a risk for sure but places like this allow for the exchange of ideas from so many people, that I think everyone here can use and make an intelligent enough decision. Sorry about the long post but I'm signing off for the night. Have a great weekend and GLTA.
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