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Power Nickel Inc V.PNPN

Alternate Symbol(s):  PNPNF

Power Nickel Inc. is a junior exploration company. The Company is involved in exploring for nickel, copper, cobalt, PEG group metals, gold, and silver on its various properties located in Chile, and Canada (Quebec & British Columbia). It is focused on developing the high-grade Nisk project into Canada's first Carbon Neutral Nickel mine. It owns significant land packages in British Colombia and Chile. Its flagship NISK project is a high-grade nickel-copper sulphide deposit with mineralization of multiple battery metals including Nickel, Copper, Cobalt, Palladium and Platinum. The Nisk Project consists of a total of 90 claims covering an area of 4589.11 hectares. Its properties include Golden Ivan, Palo Negro Hornitos Tierra de Oro, and Zulema. Golden Ivan is located three kilometers to the east of Stewart, BC in the heart of the Golden Triangle. The Golden Ivan property consists of thirteen (13) mineral claims, all in good standing, for a total area of approximately 797 hectares.


TSXV:PNPN - Post by User

Comment by Wheeleron Oct 19, 2024 7:07am
68 Views
Post# 36272854

RE:RE:Hard to get excited about spin off

RE:RE:Hard to get excited about spin offI don't think that Spinco was ever intended to unlock shareholder value, rather (I think) it is supposed to force hedge funds that hold more shorted stock than shares that are available to them to cover should they have to into a position where they have to cover in order to give the Spinco shares to the actual shareholders that they supposedly borrowed their shares from to short. I think anyway, I'm really not sure and if someone can explain it better please do so.
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