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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 24, 2024 11:03am
180 Views
Post# 35842936

Nickel price needs to get moving.

Nickel price needs to get moving. Mark knows his stuff and is a great promoter which is what every company needs but unless nickel gets moving, we'll never receive proper valuation for our company. Yes markets are forward looking so they generally start to price in moves in advance. As of right now though,  the market/institutions are not convinced. We have a feasibility with the price of nickel at 9.50.  Today it sits in the low 7's. At $7 no one is making money hence all the shut ins of nickel mines.  

So this is not just trying to convince investors of the economics of low grade nickel sulphide mines, but also having them forecast a much higher price of nickel. Only then will we receive proper valuation for what we have. 

The worse part is the longer nickel stays down here, the more money companies burn and then need to raise at lower valuations. THE PRICE OF NICKEL NEEDS TO MOVE NOW. GLTA
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