Canada Nickel Company Inc V.CNC

Alternate Symbol(s): CNIKF

Metals & Mining Industrial Metals & Minerals

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.

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Canada Nickel Company Inc > Great quote from a former rnx investor

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Comment by EndZonefor7on Jun 20, 2022 3:58pm

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Post# 34769576

RE:RE:RE:RE:RE:Great quote from a former rnx investor

It's all laid out in a press release if you actually read it instead of making up bullsh*t.

GnuckyT wrote: Approximately double the shares in dilution for $50 million dollars. What are they doing to do with that $50 million dollars? What's the plan? More around the world trips only to see the share price drop? More paid promotional videos and reports? I thiought a Strategic Partner would be involved so why didn't that happen? Why did BHP open up an office in Toronto and then shortly after decided to go with a higher yield deposit in Africa?

$50 million in the hands of a penny stock with no plan? That's a recipe for disaster.

EndZonefor7 wrote: $50 million raised at twice today's price with zero warrants. You have to be short or a moron to think that was a bad deal. CNC will be a massive cash cow long after you and I are around.

GnuckyT wrote: This is exactly it. Notice how before the massive dilution the talk here was all about a strategic partner who would validate that an ultra low grade mine like this one would be of interest to anyone. The price ran up and then no strategic partner but massive dilution and a new narrative appeared is that this would take a long time and the optimists on this board all are now long term investors (but they post here everyday.

CEOofEPO wrote:
Canada Nickel will require 3-5 years and about $100M of investment to reach level of shovel ready-Dumont project. As Dumont has close to zero valuation, those $13M Canada Nickel investors have to look forward to massive 10X dilution. Selby actually sold Dumont more than Canada Nickel with this paid podcast promotion. Those payday loan sharks Selby will hook up with really getting excited about their future prospects.