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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

Post by apapas1973on Jan 15, 2024 7:10pm
263 Views
Post# 35827990

A very opportune situation for CNC.

A very opportune situation for CNC.As far as nickel goes, many are starting to reduce or stop production. Just not profitable down here. Two things will happen. Production will fall off a cliff and most likely be left with a deficit, when demand picks up again and also many juniors will go bankrupt. They won't be able to raise enough money to continue their operations with the valuations they have now. If CNC can continue along this path, we may end up in a very opportune situation. We could be one of the few left standing to pick up the pieces that are left behind. Those are times you see valuations increase by multiples in a very short time. But nickel needs to turn around. No one can survive indefinitely with this price. Not even us. Onward and upward from here. Cheers !GLTA
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