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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 > Very nice start to the morning
View:
Post by idlefreebird on May 25, 2021 8:35am

Very nice start to the morning

Timmins will benefit and so will us shareholders...in the long run there will be more and more value added...glta p.s. be back later for discussions.
Comment by Nukey on May 25, 2021 9:51am
Is a nice start, but I thought the market would dhave responded more favourably to the PEA Idle? Looks like the good news may have already been priced in, although CNC has tended in the past to see a delayed reaction to good news, where things run a little later after the market digests everything offered.  Have a good day all. 
Comment by EndZonefor7 on May 25, 2021 11:11am
Not surprised at the muted reaction. I'm sure many are analyzing the report and waiting to hear Mark in his interviews and conference call tomorrow AM. The cash flow number impressed me the most at $274 million. That was around 34% better than Dumont.  I like the plans to get moving on the Net Zero plan and diving into talks with EV supply chain companies.As well you have the "co ...more  
Comment by apapas1973 on May 25, 2021 11:49am
Haven't had a chance to thoroughly go over the PEA yet. Will do so later on... How did they come up with the costs if we don't know about the MOU?. The MOU is a huge part of their initial cost structure. That must mean they can lower their costs further I'm assuming?
Comment by caramba71 on May 25, 2021 12:01pm
That's what I thought too. Under additional opportunities it says 'Completion of negotiations to potentially utilize Glencore’s Kidd Creek mill based on the capital and operating costs successfully determined during the initial phase of work.' So I assume it hasn't been included.
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