RE:Nickel, commodities and CNC taking a bit of a beatingGood points apapas and I'd agree with your guess on where the share price might be heading.
Some additional comments:
Interesting what's IMO pushing the markets down and more so commodities. The 'usual suspects' are GDP China, Covid Delta and the never ending supply chain constraints everywhere. I'm also waiting for more inflation news... It's a bit of a mess right now and I'm surprised the market hasn't responsed much stronger (yet).
As far as CNC: As I've written before, I'm glad we got the 12 Mio in, and can focus on the properties and the FS.
Everything else will follow and IMO it will be good.
Some other related news: Vale and BHP came under pressure due to the 9.5 Bio settlement deal in Brazil. Wondering how that impacts their near-term acquisition strategies. Glencore's announcement regarding their stake in BritishVolt is interesting - they will need to supply materials for 300,000 cars/yr - all besides their agreements with Tesla and others .
Let's not forget the deadline in Britain for gas-engine cars.. Other EU countries are similar.
The Big Picture is clear: DEMAND WILL BE MASSIVE !!! Ni is on 7.6% CAGR for I can't remember how many years to come.
I did have my ups & downs with CNC but feel good now and I sleep well.
It's a marathon not a sprint and crossing the finish line will feel good when we get acquired or take the next step growing out of the jr.mining stage. It will take time (a lot) but I don't care - even if it's 2,3 or whatever years out.
GLTA and thanks for all the great, informative posts here!