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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 EndZonefor7on Aug 16, 2022 11:50pm
135 Views
Post# 34901184

RE:RE:RE:RE:RE:Will need to set realistic expectations.

RE:RE:RE:RE:RE:Will need to set realistic expectations. The next buzz will be on who the big name is that partners up and how much they invest. Mark did allude to two OEM deals to create the first half of the cash needed, then the government money would kick in. Majors will suddenly take notice the deal is for real and then things heat up. 

With the Russian nickel out of the LME now it's just a matter of time til the nickel price begins another ascent but on more stable ground this time with the big short stuff exposed. 

Fall typically brings deals and time is of the essence for the carmakers to solidify supply as they begin to spend their billions breaking ground on EV/battery plants etc. 

Markets have had a good ride the past month and could take a breather here for a few weeks til we get past the next rate hike. They could also surprise to the upside if the inflation numbers keep inching down and it's only a half point versus .75. Lots of bears to squeeze still. Many factors in play here.


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