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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 May 08, 2022 7:09pm
184 Views
Post# 34665709

RE:How can I buy flow thru shares

RE:How can I buy flow thru sharesCEOofEPO... Exactly! Participants in financings are not typically retail investors period. The 3.4M $3.65 flow-through shares in latest financing have an after-tax cost of less than $2.00 for most 'investors' able to access them. The other 10M at $3.10 also not likely much retail participation. In fact we were told "35 institutions" who would support share price participated. What *actually* happened *immediately* after financing? Short interest skyrocketed by some 2M shares (subsequently cleared just as financing closed - what a coincidence) and share price tanks for *weeks*. Point is, in my opinion it was a horrible financing compared to the "strategic investor" that was hyped for *months*. Based on what I see it seems reasonable many of the participants immediately sold - to breakeven or for a profit. Square this with narrative that 35 institutions will support share price. I would like to know how many of recent financing participants actually still own shares and are net long CNC - because chart post-financing does not suggest many are IMO. But ignore all of this because Selby and just buy! Lol. To be brutally honest which is all I have tried to be despite the immature attacks and insults - I do think CNC selling may be near done. All I wish is company would stop over promising and under delivering - and that intelligent skepticism of company was not immediately dismissed and attacked by posters who do nothing but pump CNC - that is all. GLTA!
CEOofEPO wrote:
Seems like you have to be rich to do such a thing? Why doesn't retail ever participate?


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