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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 Astraphobiaon Feb 07, 2024 8:34am
75 Views
Post# 35867005

RE:CNC bashing is full of irony.

RE:CNC bashing is full of irony. Risk?? Its about as risky as you can get investing in a penny stock thats been around for half a decade or more promising a mine with no results during a time that is wrong in every way.  Also, if you read the quarterly earnings you would have seen that CNC was almost out of money and the latest PR stunt with the donation stock purchase was pretty sus especially since your beloved CEO didn't mention anything about this scheme when the PR was released.  This is exactly what a pump and dump looks like creating some buzz to lure in more unsuspecting wallets only to crash shortly after since no volume on a penny pump and dump.  Samsungs paltry investment of 19 million I believe actually went to their coffers but that will only last less than 2 years doing the same things they been doing for at least last 4 years.  It costs billions to open a mine of this size and it's years away if ever the stars can align and big money comes in to build it.  These paltry 20 million investments also cost CNC way too much and shows how desperate this CEO is to keep his and his buddies paycheck going.  
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