Bullboard - Stock Discussion Forum NiCAN Ltd NILTF

Primary Symbol: V.NICN

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:NICN - Post Discussion

NiCAN Ltd > Can somebody explain to me

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Post by HeldarJ on Feb 28, 2024 3:56pm

Can somebody explain to me

Whit 70 million shares outstanding how does this company keep trading day after days so many shares where are the shares coming from

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Comment by VENMan on Feb 28, 2024 4:18pm

At some point you would think the volume would relax but let them trade away. I want to be in this play because I like the drill results. I herd an interview with the ceo who was asked about the potenial size of the Wine Property and He said something like with those grades near surface you don't need 20 million tons. With much of the infrastructure in place in Manatoba even a few ...more

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NiCAN Ltd