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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 > Nickel price/US follar
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Post by apapas1973 on Jan 10, 2022 9:41am

Nickel price/US follar

The US dollar is up quite a bit and putting pressure on all commodities. Nickel surprisingly is holding its own. SO FAR. If nickel can hover around here during this US dollar strength, that would be a very positive sign that maybe fundamentals are too strong in nickel. Just a guess here. I've had egg thrown in my face before from these markets.
Comment by KerStockhouse on Jan 10, 2022 10:11am
I cant see how the fundamentals wouldnt be given the EV market is on fire
Comment by apapas1973 on Jan 10, 2022 2:42pm
It all depends how fast supply comes on kerstockhouse. As mines get going, it will start to balance supply and demand. We'll see.
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