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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 Feb 21, 2024 7:39pm
149 Views
Post# 35892174

Agnico could become our knight in shining armour.

Agnico could become our knight in shining armour. It's no secret that the nickel industry majors are going through some hard times. Forget about juniors. No point in even discussing them. I would think a gold company major may be the best way to increase value in CNC. BHP, Glencore etc all have their own troubles. At this point I would think they're far from making any further nickel investments at least till things improve. On the other hand gold is trading near its highs and I expect it to make new highs this year. That should put gold companies in a very strong financial position. They would become the perfect candidates to invest in Nickel if they see a future there. Especially if they're getting in, in the first inning. I'm not saying they'd blow billions for nothing  but I can assure you at this time, they'll part with some cash quicker than any other nickel major that's currently looking to cut costs to survive. So far Agnico is proof of that. I expect to see other Gold/Silver companies making similar investments. GLTA
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