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Bullboard - Stock Discussion Forum
Quebec Nickel Corp
C.QNI
Alternate Symbol(s):
QNICF
Quebec Nickel Corp. is a Canada-based mineral exploration company focused on acquiring, exploring, and developing critical metals (nickel-copper-cobalt-platinum group elements) projects. The Company has a 100% interest in the Ducros Project, consisting of approximately 282 contiguous mining claims covering 15,293 hectares within the eastern portion of the Abitibi Greenstone Belt in Quebec...
, Canada. The Ducros Project has multiple targets with potential to host nickel-copper-cobalt-platinum group elements deposit. The Ducros Project's multiple targets include Fortin Sill Zone, Ducros Ultramafic Sill Complex, Ducros Gabbro and Ducros Sill.
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CSE:QNI - Post Discussion
Quebec Nickel Corp
> Post consolidation the market cap is 1.15m
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stockshack
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Post by
stockshack
on Dec 29, 2023 9:24pm
Post consolidation the market cap is 1.15m
The same as today. Will it pull back 50% as usual? It's a tough call because it's already supper cheap. It's going to be interesting to see what happens.
(277)
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loopsbutterfly
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Comment by
loopsbutterfly
on Dec 29, 2023 11:34pm
1-Retail investors are stuck with it and will most likely be hammered down with it (dilution is coming) 2-Most retail investors will not get a stock warrant in the upcoming financing 3-More dilution is coming...strategic investors and the insiders will get the lion shares on the cheap 4-QNI is an exploration company with no earning and unfortunaly retail investors are not in the driver
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stockshack
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Comment by
stockshack
on Dec 30, 2023 1:59am
You just discribed what exploration companies do, find minerals. They do it with investors money and build up their inventory insitu. It takes many PPs and consolidations to reach their goal. Their business plan is not to make a profit, but to build their net worth insitu (in the ground) The pay off comes when they are bought out or taken over by a company that has the resources to extract the
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loopsbutterfly
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Comment by
loopsbutterfly
on Dec 30, 2023 12:22pm
I am not confuse at all... I said to you stock consolidation is coming and you said no I know the game and you could be totally wipe out (now stuck with odd lots and next pp totally wipe out) Insiders and strategic investors are playing against you Contrarian investors are playing with fire and they get burned as expected retail investors are stuck with it and time is money...they have
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stockshack
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Comment by
stockshack
on Dec 30, 2023 1:58pm
True, I said no consolidation. It's very unsual to see a consolation with only 115m shares. But I can see their strategy. It's easier to do a PP with a .10 share than a .01 share. I think you'll see a PP soon, how much is a good question. You're right, retail investor who don't know to play the game get burned.
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