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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

Comment by DrNo1962on Jun 13, 2021 7:27pm
224 Views
Post# 33379878

RE:RE:RE:RE:RE:RE:RE:RE:RE:Dumount looking to unload for 1 billion

RE:RE:RE:RE:RE:RE:RE:RE:RE:Dumount looking to unload for 1 billion Dumont was effectively sold to private equity for less than $100 million. That is shareholders received less than $100 million for an asset that was valued at $1.1 billion in bankable feasibility study. This asset - about 4 years later is now publicly being marketed by this private equity firm in the $1 billion range. If I was shareholder of RNX.v (now KRR.v) I would not be happy. Why is any of this relevant? Mark Selby was CEO of RNX.v when 50% of Dumont was JV'd to Waterton for just $30 million. Different times sure but doesn't change the fact Dumont was a billion dollar asset when this occured in 2017. Not sour grapes just facts shareholders should be aware of.
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