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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 Jun 03, 2023 8:23am
137 Views
Post# 35478276

RE:Research Capital $3.45 Target

RE:Research Capital $3.45 Target At four dollars Endzone you were holding on for a 100 bagger and now you hold on to make back some of the money that was in your pocket when this was at 4 dollars and your new target is 10 dollars.

You telling me that you held at 4 dollars for a double only to watch your stock crash after one dilution after another?

Didn't these analysts have a 7 dollar target?  

EndZonefor7 wrote:
The most recent round of drilling was successful as nickel was intercepted in
every hole with some higher-grade intercepts (e.g. +1% nickel) in seven of the 10 holes.
Overall, we think the drill program has been successful and has helped define a target
over a strike of 1.2km (with infill needed in in the northern half) 


Maintaining SPECUALTIVE BUY and $3.45/sh Target
Overall, we think the Texmont project represents a relatively inexpensive path for CNC
to become a near-term nickel producer. Looking to the future, we think investors should
anticipate a resource estimate to be followed by a preliminary economic assessment (PEA)
in 2023. We reiterate our SPECULATIVE BUY rating and target price to $3.45/sh.



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