How Voiseys Bay popped After having a night to reflect I am feeling more confident. Doing a bought deal does not mean deals with Majors aren't coming. I looked back at how Voiseys Bay escalated. It was a combination of great drill results that eventually forced the majors to buy into the company for hundreds of millions of dollars which raised the sp to higher and higher levels. A bidding war ended with a high takeover.
Even though CNC doesn't need money anymore - doesn't mean that Majors won't buy in. Mark said recently that they have been doing their technical analysis. After reading how the deals worked with Voiseys Bay - 10% of the company (with a board seat) for 25M doesn't seem like that great a deal anymore. Granted that was high grade - but this is a very high nickel demand atmosphere. Check it out below, there are 3 parts. Good luck
https://www.visualcapitalist.com/the-story-of-voiseys-bay-the-discovery-1-of-3/