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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 > There's only one thing bugging me slightly.
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Post by apapas1973 on Sep 01, 2021 8:48pm

There's only one thing bugging me slightly.

I'm long the stock and continue to add at these prices as I stated earlier. I figure if the boss and his team are adding, it would be relatively safe to do so. The fact that we haven't heard anything about the MOU is bugging me. That will be a huge cost savings. If I recall costs of about 100 million compared to closer to a billion. For me this is a very important piece of the puzzle. I think they just haven't agreed to final number yet. Im pretty sure the next halt will be on news of the MOU good or bad. They will have to state it either way because it will have material impact on the stock. You know which one I'm hoping for.
Comment by caramba71 on Sep 01, 2021 10:47pm
I forgot about the Glencore MoU - yes - it's been a while and we haven't heard anything.  Meanwhile Glencore announced the additional investment exploring the expansion of the Kidd Mine.  If I recall, they want to dig another 800-1000 metres beyond they already deepest mining hole (must be quite a challenge). I imagine that they would first want to get their own FS done before ...more  
Comment by EndZonefor7 on Sep 02, 2021 10:47am
I think it's a case of holding off news in the cr@ppy summer market. Why waste good news when no one is there to buy. After this long weekend and everyone gets back over the next 2 weeks then I expect to see news flow finally kick in. Mark said in the last interview he's hearing it from shareholders so we're not the only ones.  On the worker shortage I believe you're right ...more  
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