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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 CravingProfitson Feb 09, 2024 11:59am
133 Views
Post# 35872473

Gregory Beischer, President and CEO...Nikolai Nickel project

Gregory Beischer, President and CEO...Nikolai Nickel project

When talking about the influx of new capital in low grade bulk tonnage nickel deposits that we are seeing in 2024, such as the Strategic investments in Canada Nickel (TSXV:CNC ) from Samsung (KSE006400 ) and Agnico Eagle (NYSE:AEM ; TSX:AEM ) for the start of the year, Greg states, "Along the way, people doubted whether these low grade bulk tonnage type of deposits would actually become mines. But like Canada Nickel has said and I agree, 'I think it's the next generation of nickel mining. High grade nickel deposits of scale and size are just so hard to find. They're really rarities in the world. The last real major discovery was over 30 years ago at Voisey's Bay in Labrador, Newfoundland. If we're going to have this huge demand as an industry, we will have to migrate to mining lower grade bulk tonnage type deposits. The copper mining industry went through the exact same shift back in the 1950's previously. There were probably naysayers back in the 1950's when the industry migrated that way, and there are naysayers right now."

"Some say these things will never be mined, but I think they will. I think they're the next generation of nickel deposits to be mined. I don't think there's any choice really. And the real vote of confidence for Canada Nickel was the investment by Agnico Eagle Mines; a pure gold company must have been quite compelled by Canada Nickel's story."

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