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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 Dec 19, 2022 11:18am
206 Views
Post# 35179676

RE:RE:CNC Acquires Past Producing High Grade Texmont Nickel Mine

RE:RE:CNC Acquires Past Producing High Grade Texmont Nickel MineEndzone, one of the cases that we agree

What's that old saying "The Best Place to Find Gold is where its been found before".

If this is a historical producing mine, then what is the permitting required to bring it back into production?

Placer Dome Walked away and decomissioned Detour Lake. Then Kirkland Lake went in decades later to start producing again. Kind of ironic. Similar when Canada sold its Chinook Helocopters in the 1990's, disbanded 450 Squadron, then 20 years later, buys new Chinooks, reactivates 450 Squadron and has to spend 2 Billion to rebuild the ifrastructure to support them.

Still, if this is high grade cheddar, if it can be brought online quickly, it will give the cash flow required to finance the CAPEX at Crawford. 
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