Canada Nickel Company Inc V.CNC

New to board

[SamMc1969]

Good evening all. I'm new to this board but have been in CNC for quite sometime now. I like most here am trying to get my head around a final valuation. The main thing that keeps going through my mind is that...if it's already larger than voisey Bay, and it was purchased for 4.3 b in 1996...and we have several potential Crawfords, coupled with the carbon credits, moving into a super cycle makes some of my novice valuation calculations seem, well impossible. My question is, wouldn't someone try and take this out long before a possible 8 to 10 billion valuation is uncovered? Thanks for any insight and glta

[apapas1973]

Welcome aboard SamMc... In short the answer to your question is yes. But that's easier said then done based on my opinion as I explain the reasons below this post. That's just my opinion as others on here may have other insight... Long and strong CNC.

[SamMc1969]

Thanks for the reply Apapas, I appreciate the insight. I haven't done a very good job of expressing my thoughts here I believe. In short, I see people posting here this is a $100 stock....that's a valuation near 17 billion if I'm correct. Glencore the last time I looked had a market cap of around 45 billion. Could a single mine be that valuable? Don't get me wrong, I hope it is, I

[apapas1973]

Not sure if you calculated correctly SamMc. Assuming the share count stays the same, at $100 a share I think we're around 10 billion. If I'm not mistaken. That's doable, if Crawford is 2x minimum and we hit very well on the majority of the new properties. That $100 would probably include a nice premium from the acquirer. I don't think we make it there on our watch. It will be

[SamMc1969]

Yep, you are correct. My math was off on that 17 number. I had forgotten they mentioned roughly $11 a share for every billion or so. So that does seem more realistic, fingers crossed. Thanks again, I am definitely a believer in Mark and CNC. Looking to buy more this week...glta

[GnuckyT]

Sorry you upped your valuation... you think this is a 400 bagger.  Did the radio add confirm this?

[GnuckyT]

Radio ad?  Tell us which station?  What was it about?  You say it was for hiring bu then say it was for something else. A year ago you said this... you still think a 10 billion valuation is possible?  that's like almost a 100 bagger.