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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 > Canada Nickel Enters MOU With Glencore For Potential Use Of
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Post by AwareInvestor on Jan 11, 2021 8:09am

Canada Nickel Enters MOU With Glencore For Potential Use Of

Canada Nickel Company is steadily developing out its flagship Crawford Nickel-Cobalt Sulphide project near Timmins, Ontario. The company this morning announced that it has entered into a non-binding memorandum of understanding with that of Glencore, whom has operations nearby, for a study on the use of the firms concentrator and metallurgical site at its Kidd operations.
Comment by StockGuru454 on Jan 11, 2021 8:15am
ya so basically just an excuse to delay PEA.. it was all hype, definitely not worth a halt. Should have let the stock run up. All said they halted trade to say " were gonna look to see if we can use kids mine, and "if" it look good well talk further..... oh and btw were delaying the PEA because of this.....the fakkk u talking bout Wallace?! All that for this stale crouton? Is this a ...more  
Comment by KBizz1 on Jan 11, 2021 9:01am
Enough with the whining. This is a significant piece of news as it could shorten the development of this mine significantly. Apparently some people just think you go dig up dirt with a shovel and POOF it becomes a battery for an ev (that also pops out of nowhere)... these supply and manufacturing chains are long and very complex; starting from scratch takes enormous amounts of capital. This is a ...more  
Comment by StockGuru454 on Jan 11, 2021 9:47am
who's whining or bashing? It seems like anybody that has a diffrent outlook on a news report gets bashed. It seems that 1000s of other investors have the same opinion...hence the pull back from 2.53
Comment by EndZonefor7 on Jan 11, 2021 9:48am
Very positive news ! I wouldn't call it an excuse to delay the PEA, it's a major event that changes the whole PEA report as disapointing a delay is. Having access to this property has massive economic savings. I would hazard a guess they have been studying it for a long time and this would be a formality stage and a no brainer to cut a deal to use the property. The fact Glencore is ...more  
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