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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 > Not giving an opportunity to get in cheaper
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Post by apapas1973 on Feb 12, 2021 12:13pm

Not giving an opportunity to get in cheaper

I though there would be some kind of pullback by now so that I could pick up some more shares a little cheaper. Showing huge strength here. Who knows how much more it could rise before a pullback. I guess just hold your nose and dive in even at this price.
Comment by StockEx2020 on Feb 12, 2021 2:32pm
Trust me, $3.50 is an absolute bargain. I firmly believe the the size, magnitude and longevity of this discovery is simply beyond comprehension for those who may not be familar with the mining industry. I don't mean that in a negative way, it's completely understandable, but at present levels alone, it has a lifespan of 55 years! And they still have multiple properties to drill.
Comment by PCGuy10 on Feb 12, 2021 7:42pm
Never mind all the hype with the Ring of Fire. If the model is corret, this one will put the ROF on the back burner. Timmins already has an existing minng infrastructure. Its just off the Timmins-Cochrane Highway, a 30 min drive north of the city (I've driven that road a few times). There is a hydro electric dam a short helocopter ride away on the Mattagami River, with another one just south ...more  
Comment by Dollar1935 on Feb 12, 2021 8:33pm
From what I read, the Taykwa Tagamou nation would build the electrical infrastructure and Canada nickel would rent the installations. If its true it would be a great way to reduce the Capex and let the first nation being involved in the project. A good win-win situation!
Comment by PCGuy10 on Feb 12, 2021 8:56pm
And as I said earlier, there is a hydro-electric dam on the Matamgami River less than 11km from their site. 
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