Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

NiCAN Ltd V.NICN

Alternate Symbol(s):  NILTF

NiCAN Limited is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and evaluation of mineral properties. The Company is actively exploring two nickel projects, both located in well-established mining jurisdictions in Manitoba, Canada. Its projects include the Wine Project and the Pipy Project. The Wine Project is located within a favorable portion of the highly prospective Flin Flon-Snow Lake Greenstone Belt of Manitoba. The Wine Property, comprised of 24 mineral claims totaling 5,666 hectares, is located in northwestern Manitoba, in the Flin Flon-Snow Lake greenstone belt on the southern flank of the internal zone of the Trans Hudson Orogen. The Pipy Project is located 15 kilometers north of the Thompson nickel deposit. The Pipy Property, consisting of Pipy South, North and West, covers over 3,913 hectares in northeastern Manitoba on the northern extent of the Thompson Nickel Belt (the TNB).


TSXV:NICN - Post by User

<< Previous
Bullboard Posts
Next >>
Post by Magnum2on Feb 28, 2024 5:16pm
124 Views
Post# 35905002

To be expected, it was trading at 4-5 cents a Month ago

To be expected, it was trading at 4-5 cents a Month agoppl can still sell at some sort of positive gap here, not sure what the share price did last year etc.

Anyhow, healthy turn-over the VWAP slowly moves higher as theyb absorb more shares.

Personally if it hangs around here long enough I will add another 500K - 1 Million shares, with grades they have in the upper section start at about 13 to 14 feet deep and the deeper section not that deep either, all in mining friendly jurisdiction, just a matter of time before someone larger/JV steps in with those grades (provided they continue). 

Share structure is still very tight, but they need to move this higher and start raising cash in serious amounts at serious prices or it will suffer dilution like many others, hopefully they have a serious finance dude onboard.

Perhaps someone was late to the financing and getting a helping hand to add some cheapies, either way I'm just starting to load more;)))

I'm not up on the area, but are we in trucking distance to an existing mill, if so this is no-brainer!

GLTA
<< Previous
Bullboard Posts
Next >>