CNC vs NCP ( which junior is better ? )NCP ( M + I ) 2023
2.4 billion pounds of nickel
1.2 billion pounds of copper
6.9 million ounces of PGMs
137 million pounds of cobalt
545 thousand ounces of gold
no iron credit ( met test = magnetite 10% avg grade ) potential 32 mil tonnes
no titanium credit ( illmenite is a major geology 2018 met / xsp )
no 6 other platinum suite credit - these metals exist in ores ( historical assay proof )
raw tonnage
436,695,000 million tonnes
valuation
$0.025 cents
NCP has river sources nearby ( potential river turbine power )
But... Engineering firm chose, Diesel + LNG ( co2 ) producing
Iron credit would create a fair play peer comparison
yup... magnetite = $250/tonne ( create 95% iron con less cost to transport )
NCP info link
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its
CNC ( M + I ) 2023
1.8 billion pounds nickel
93.9 Mt of iron ( 6.59% avg grade ) only 21 million tonnes recovered
8.5 Mt of chromium
402 thousand pounds cobalt
1.06 million ounces Pl, Pt
raw tonnage
1,425,000,000 billion tonnes
valuation
$1.15
CNC, wants to use hydroelectric ( existing hydro dam electricity )
CNC info link
Pg 10 - 842kt of nickel - 21Mt iron
Pg 27 - M + I
https://canadanickel.com/wp-content/uploads/2023/09/CNC-Investor-Deck-Sept-2023_vff-2-1.pdf
Quite shocking...
comparing each nickel junior