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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 DrNo1962on Apr 19, 2022 11:00pm
186 Views
Post# 34615349

RE:RE:RE:Noble...

RE:RE:RE:Noble...Thank you PennyWise. I sold at $2.90 and will buy back when reversal is confirmed - but like I posted weeks ago this selling pressure was predictable and my only regret is not selling earlier when I first sensed this would be the outcome. IMO there is a credibility issue here that started with 'lab delays' when it seems they really had no plans to release infill assays anyhow. Then the 6-month strategic saga which included the CEO implying more than once and completely unecessarily about imminent strategic investor - at one point stating there were multiple parties interested further implying a deal was imminent. IMO there is a clear pattern here of over-promising and under-delievring. IMO the flow-through financing - priced cheaper than the last - induced significant selling and that combined with shorts likely due to failure to secure strategic investor is why share price may still have lower to go. What is going to reverse undeniable downward trend over the next 3-4 weeks? I struggle to see any imminent material news.
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