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Bullboard - Stock Discussion Forum 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... see more

TSXV:CNC - Post Discussion

Canada Nickel Company Inc > Breaking down news release
View:
Post by idlefreebird on Dec 01, 2020 2:54pm

Breaking down news release

"We continue to advance Crawford aggressively on multiple fronts towards completion of the Preliminary Economic Analysis ("PEA") and unlocking its exploration potential.  Our metallurgy program continues to deliver results that are in line with or exceeding our expectations. While we had expected to release the results of some locked cycle tests today, some lab changes that were made in order to simplify executing this specific set of tests had an unintended impact and require the tests to be re-run. Based on lab availability and timing, these results are expected to be available by the end of December." said Mark Selby, Chair and CEO of Canada Nickel.

Now taking the exceeding expectations can we assume unintended impact be the reasoning behind exceeding expectations and needs a redo...as  Mark wouldn't state that results are in line or exceeding if they were negative...therefore we wait...glta
Comment by EndZonefor7 on Dec 01, 2020 3:51pm
Good point idle, they aren't negative. Bummer we didn't get them today, but if those that are exceeding expectation are higher than what even they expected and need retesting, then so be it. Lots more news in the pipe so good opportunity to pick up some more off the weak handed. New tests should cut tight with the PEA timing.  Mark is doing an interview this afternoon, maybe he' ...more  
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