Canada Nickel Company Inc V.CNC

nickel

[cueball40]

just  bought  in  as  MUSK  needs  nickel.. question  for  the  board..how  much  nickel  do  these  guys  have  tx

[Rm90090]

Hi cueball, welcome to CNC . Currently I can't give you an exact answer because they still have option properties that they are exploring. However, the resource that they have confirmed is huge (amongst the top ten in the world). I am excited to find out the results of drilling on the MacDiarmid property that apparently has a size 15% greater than Crawford.

[apapas1973]

We don't exactly know yet cueball but what I'm hoping for is some higher grade nickel on those other optioned properties. That would be a nice bonus.

[IgnacioCashmere]

TLDR 1.25 billion pounds. How much nickel do they have? The SEDAR filing gives us an estimate: 1,683 ktons, or 3,366,000,000 pounds. That is the resource in the ground. Not all that is available for recovery. 11% of nickel in the high value zone is locked in silicates & cannot be recovered. Up to 41% of nickel in the lower value zone cannot be recovered. So, we could estimate 74% of nickel in

[StockDoc60]

That all adds up to a lot of value . 10-20 billion range for sure ! Should be no problem to get royalty streams on the PGM and Cobalt if they just want to concentrate on nickel . With these volumes financing should not be a huge problem .