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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 JLEP16on Nov 23, 2021 7:10am
233 Views
Post# 34155907

RE:RE:RE:RE:Where to begin, where to begin with all these acquisitions.

RE:RE:RE:RE:Where to begin, where to begin with all these acquisitions.One question on the CC was why the previous operator at Sothman elected to stop or slow down drilling. Selby's response: "... Glencore - Xstrata acquired Falconbridge, and then Glencore acquired Xstrata, and they've - Falconbridge has had the blend package, I think, since the early ‘70s. And the challenge is, is that Glencore really does not do Greenfield exploration. It needs to be in the shadow of the headframe, and not very far away from it. So, this was kind of a no man's land. It wasn't near Sudbury. It wasn't near Timmins. And in terms of scale, that would make a difference for Glencore based on what they saw just with the high grade. The high grade would move the needle for them. So, they were just looking for the right person to hand it off to."
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