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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 Sep 29, 2021 7:58am
183 Views
Post# 33935721

RE:RE:RE:I guess lower it is.

RE:RE:RE:I guess lower it is.apapas1973... Also can't figure out what is *really* going on here. Relentless and consistent selling pattern does not seem natural and has been going on for far too long to be related to flow-through financing (which as expected did start the slide here). Excusing price action as "well all nickel stocks have taken a hit and CNC has done well" is a very weak argument IMO. I see the same trading pattern here day after day. Low volume small trades frequently between the same 3-4 dealers. To me looks like intentionally brining price down while soaking up legit sellers. Is this a good thing? No idea. What I do hope we don't see is some partnership or JV using this share price for valuation purposes. *That* will stink beyond.
apapas1973 wrote:
All the juniors are suffering Caramba regardless of grade. It's not just CNC. We're just playing catch up now. The other juniors took their hit well before CNC. What I can't figure out is whether this is just manipulation or whether someone knows something.


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