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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

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Post by DrNo1962 on Nov 12, 2021 12:43pm

Assays...

I know there are delays but these assays have been peding for almost 6 months.  Did I miss them?  Surely they are not going to do a financing before these (and other regional) assays are released?  We have heard ALOT about how there are likely multiple "Crawfords" - the only way to confirm is to through drilling and assaya.  As a shareholder I would hope we see these assays before further dilution at these prices.   

May 18 2021:

"Canada Nickel Company Inc. has provided preliminary results from the start of its drill program at the MacDiarmid nickel project located 23 kilometres southwest of the company's initial Crawford discovery. Assays are pending on all holes."
Comment by grm9727 on Nov 12, 2021 3:29pm
DrNo, this came out the other week, not sure if it helps with your question. Canada Nickel Announces Discovery of Higher Grade Core at Crawford East Zone Highlights  Infill drilling identified an extensive Higher-Grade Core in the East Zone, similar to the Main Zone.  The higher grade cores span combined strike length of ...more  
Comment by EndZonefor7 on Nov 12, 2021 4:57pm
I don't see them not releasing them before any financing. Maximizing your leverage is the best tool any company has to pressure the lenders to up their bid to get the financing or piece of it. We have over 110 holes waiting for assays. If most of those are positive then CNC will be the monster we think it has the potential to be. I like the strong close at $2.95. Bullish for next week. 
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