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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 EndZonefor7on Dec 21, 2021 12:16pm
333 Views
Post# 34250862

RE:RE:RE:RE:RE:RE:Canada Nickel Secures US$10 Million Short Term Loan

RE:RE:RE:RE:RE:RE:Canada Nickel Secures US$10 Million Short Term LoanExactly KerStockhouse. If you know the deposit is already getting bigger by the day then why not take a bit extra time to seal the right deal. I would imagine they already know some of the assay results and can afford to play the suitors off against each other.

Remember Mark worked for Inco and other big companies, he knows how the high level negotiation game works.  Auramet wouldn't loan the money unless they knew big things were in the works. 

With a resource report coming that will be 50% to 100% larger and now new property accumulation 40 times Crawford then it's only going to solidify the base price here and spike us on any positive results in the new year. 



KerStockhouse wrote: Agreed, a short term loan is definately earmarked for something especially since they are being transparent about it. If the phone is ringing off the hook from all sorts of suitors, especially the EV market not only does it make sense it is very encouraging. Is there a rush to play their hand anyway?


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