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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 apapas1973on Dec 18, 2021 6:17pm
236 Views
Post# 34244013

RE:RE:I'll put a target of 480-490 on this.

RE:RE:I'll put a target of 480-490 on this.
Hold on evnut, I'm just shining my crystal ball to give us an answer... Just kidding around. Let's put it this way. The consolidation zone is between roughly 325-360 so far. I suspect no news Monday and probably not Tuesday. This thing would have taken off already if news was coming Monday. We'll continue to consolidate with low volume I suspect. If price can increase on high volume and bust out above the consolidation, then that will be the queue that news is coming. In that scenario we're going to run hard and we're going to hit that target. It could take days or a few weeks... Here's the problem. The longer it takes for them to release news the more likely the pros are going to start to walk the price down. I suspect as we get closer to Christmas, if no news comes as was promised on more than one occasion, then this will break down from consolidation and we need to do some homework on where it's going. The scammers are going to have a field day with it. By no means am I suggesting the story is over at that point. Instead delayed. But I hope you have a strong stomach in that scenario. I'm going to be watching closely on how we open Monday...One last thing. Don't hang your hat on what I'm saying. I could be way off the mark here. This is just my opinion evnut. GLTA
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