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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 > Conference Call
View:
Post by Rm90090 on Nov 19, 2021 7:47pm

Conference Call

To me this conference call is one of two things:

1) Big news involving a deal, partnership, or takeover.

or

2) An update to alleviate fears since they haven't been able to release drilling results. In fact it could even be bad news saying that drilling results won't be for awhile more because they cannot predict when assays will be available. MS may want to say the bad news himself and answer questions to quell the sp drop.

If it was a big news deal, then a halt would be required. In that case it is completely unpredictable how long the halt will be. For example, when tesla and Piedmont lithium signed their deal - they were halted for a week. Also, the news release comes at the end of the halt - not at the start. The conference would be scheduled ONLY after the news release was dropped and the halt ended.

That means, unfortunately I am expecting an update to tell everybody officially about the assay delays. It's is very annoying if this is the case.
Comment by caramba71 on Nov 19, 2021 9:57pm
IMO if there assay delays, they wouldn't be for another very long period (as we are so overdue) and could have been handled with a carefully crafted corporate update paired with some positive news.  No, I think this is something bigger.
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