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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 CanadianPatrioton May 15, 2023 7:38pm
86 Views
Post# 35449313

RE:RE:RE:RE:RE:Addressing some concerns/complaints.

RE:RE:RE:RE:RE:Addressing some concerns/complaints. Okay you admit that they are getting UP to 40 million for Dumont.

So explain why you get a 50 billion market cap valuation for CNC?  Based on what Dumont fetched when nickel was a couple of dollars less was exponentially less.

Explain this and please do not include any "majgic beans" like talk.

EndZonefor7 wrote: Is TP Paddy an actual real person or some AI bot out of control? They post so much bullsheet it's impossible to wade through sometimes.

Yes TPP, KRR gets up to $40 million from the sale of Dumont. The CEO of KRR even recently said it in a webinar if you fail to listen as well as read. 

From your link:

 Karora will have the right to receive a portion of future proceeds of any future Dumont sale or other monetization event. On a sale or other monetization event, Karora will be entitled to receive 15% of the net proceeds from the transaction (net of certain agreed costs and deductions) up to a maximum of an additional $40.2 million.


https://www.karoraresources.com/2020-07-22-Karora-Resources-Announces-Agreement-to-Sell-its-Remaining-28-Interest-in-the-Dumont-Nickel-Project-for-Proceeds-of-up-to-48-Million-and-Announces-Share-Consolidation


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