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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 apapas1973on Mar 26, 2023 11:02pm
147 Views
Post# 35361683

RE:RE:RE:Crux interview

RE:RE:RE:Crux interview
Ivorygull wrote: My biggest worry was always that they'd sell off everything with Crawford and just add additional blue sky potential, but what I'm hearing seems to suggest, but not fully confirmed (although Matt does his darn best to get it out of Mark), that we could be selling at least some of them off separately, but for sure knowing that we will have done as much as possible to get full value for them if we got taken out.


Ivorygull, Mark is setting this up to piece it out.  Crawford will go first for obvious reasons. I suspect that to come after feasibility.  The rest will sell as a package. If the feasibility is above everyone's expectations, then in that scenario I expect a bidding war including from the company that takes Crawford. There are about 4-5 companies that would be in a position to complete that transaction. Bhp, Glencore, Vale, Anglo and maybe one other I'm missing. Some of those may already have their hands full. So I would narrow it down to 2 companies. What price they give us is  anyone's guess. We could all speculate till we're blue in the face. It comes down to the price of nickel at that time, the demand for the product and what the economy is like at that time. GLTA


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