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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 Rm90090on Aug 12, 2021 5:01pm
112 Views
Post# 33698164

RE:RE:RE:RE:Best guess

RE:RE:RE:RE:Best guessI think that this stage of the junior mine life cycle (Lamonde Curve) is the economic cycle. This is where they do the PEA and feasability studies to show that it can be mined economically. The speculation is over. People often sell during his stage but the risk is that the project could be over for multiples and people can miss it.

Usually a company has quite a drop in share price - but to CNC's credit they have been able to avoid much until now. Ultimately, I imagine that Mark is working on larger things then he was last year. Whats next to move the share price is a supply deal with a car/battery company in my opinion.
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