Canada Nickel Company Inc V.CNC

Goodbye Norlisk nickel, hello Northern Ontario nickel

[PennyWise416]

We've already proven we have significant amounts of clean nickel, but it's geopolitically safe nickel too. CNC could be big. Here's to a large "Made in Canada" written on every EV cathode going into the late 2020s.

[Cobalt]

So why no love? I can buy this at year ago prices , whats up?

[TheYman100]

IMO people know CNC needs money as no junior mining company can go into production without help (unless you have like 100-300 mill in cash, which we don't). We are using new technology to make some very good high grade nickel out of low grade deposits. However to my knowledge no one has done this before (or at least to the scale CNC claims they can do it). If CNC can get a big name miner

[IgnacioCashmere]

They need permits in hand before they can produce anything. I don't see any scenario where they could have permits by next year, there are hearings & time tables that must be gone thru regardless of how big or small the project turns out to be. Permits can be had for one time bulk samples, but those are usually only profitable for high grade given the scale. Using an existing mill reduces

[N3tPr0phet]

What new technology is CNC using? Carbon sequestration aside (more a naturally occurring phenomena than an applied technology), the company's process flowsheet seems entirely conventional.

[TheYman100]

Iirc we have a unique way for purifying the low grade nickel so that we can reach even high purity ratings (compared to what other companies are offering).  I could see how some feel like the numbers are too good to be true and will "believe it when they see it"

[EndZonefor7]

CNC is keeping its improved metallurgy methods a secret for a reason. A major will be analyzing it through their own testing. Hard to not see a major wanting in now on our "proprietary competitive advantage" while the increasing nickel price may only push up our asking price for 10% to 15% the longer they wait.