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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 EndZonefor7on Mar 01, 2024 7:27pm
107 Views
Post# 35910587

RE:Miners seek answers: Why do nickel prices 'suck'?

RE:Miners seek answers: Why do nickel prices 'suck'?Important point. 


Marc Lafleche, chief executive of Ecora Resources PLC, a mining streaming company·(formerly Anglo Pacific Group PLC), said the long-term demand forecast for critical minerals hasn’t changed, even if commodity prices are falling.

 

He said it is unfortunate that investors tend to “extrapolate the present into the future,” believing that if prices are high, they will stay high forever and if they’re low, they will stay low forever. But it doesn’t work that way: commodity markets are cyclical.

 

“For an investor, now is the entry point,” Lafleche said. “Today’s pain is tomorrow’s gain. That’s kind of how I see it.”

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