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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 reddog11on Apr 04, 2022 11:24am
159 Views
Post# 34573151

Flow Thru shares

Flow Thru sharesThe 15250464 shares included 8325806 @ 3.10,  3424658 Flow thru @ 3.65, 1500000 @4.46.

SO...over 8 million has no tax benefits and down $.25.
3.4 million FT @ 3.65 is close to no profit depending on situation.
1.5 million  FT @ 4.46 cant be sold for a profit.

The SP decline is not about the Flow THru shares at this point, its the unknown about WHY the PP was done. Hopefully we will find out.

Anyone selling because of Flow thru shares or todays bogus nickel price is making a mistake.
If seling because you have a better place to put the money then thats fine.

jmo

RD
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