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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 PCGuy10on Nov 29, 2022 1:51pm
118 Views
Post# 35137287

RE:HOW DID REGULATORS NOT KNOW ~2 BILLION SHORT NICKEL SQUEEZE?

RE:HOW DID REGULATORS NOT KNOW ~2 BILLION SHORT NICKEL SQUEEZE?
moneywagon wrote:

. How do regulators not know of a 2 billion dollar + short position? https://www.mining.com/web/lme-says-it-had-regulatory-obligation-to-cancel-nickel-trades-in-march/
'

 
1
@mrcashflow What a joke the markets are so rigged in the bankers favor... Responding to the suggestion that it had acted to favor Tsingshan Holding Group Co., whose massive short position was the focus of the nickel market squeeze, the LME said "it had not known about the situation".


There was a movie called Rosalie Goes Shopping released in 1989. A story of a Lady bouncing cheques and living behond her means. There's a line "If you owe the bank $100,000 it's your problem. If you owe $1,000,000, it's theirs".

Apply that to the trading market. If you are short $2million, it's your problem. If you are short $2billion, it's the exchange's problem.

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