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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

Post by apapas1973on Feb 16, 2022 7:33am
292 Views
Post# 34432826

I think the deal is done...

I think the deal is done...
I'm looking at the charts to find any clue that were about to start the move up. This one is a frustrating and difficult one. I find it hard to believe this won't run hard prior to an announcement. I've noticed a pretty significant divergence in technicals over the last month. That's a big clue for me. We're bumping up against the 10 day and the indicators once again have turned up really nice. If the deal is done, we will most likely get a very strong run here. Mark was quoted in yesterday's release that he's confident the deal will close by end of quarter. I know he's spoken and disappointed before but I think the tone of that phrase was different this time. Yesterday's run was a very good start. I'm looking for any follow through and high volume for the final sign. I've also stated here that should think the deal gets announced by beginning of March. Some how I dont see an eleventh hour deal. It shouldn't need to go to the end if this company has the value that Mark and us here believe. Just my 2 cents. Let's see what today brings. GLTA
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