Canada Nickel Company Inc V.CNC

New Spin on Drill Results

[smallcap1967]

Endzone recently said that Selby indicated

"Many holes they haven't released were infill on Crawford meaning not material. 80 more to come though and I expect them to start soon. "

The drill spacing at Crawford was very far apart some as much as a kilometer. These infill results are essential to determine if anything is there. Why are they now claiming they are inmaterial. These should all be released immediately.

[EndZonefor7]

The only spin job is from smallcap, the once a month negative poster like several others. Throws out FUD thinking he can get cheaper shares. Sorry dude, the deep pockets are stepping into this deal.

[Rm90090]

We haven't actually had the official drill or results that make Crawford 50-100% bigger yet. That plus the resource update should be catalysts.

[EndZonefor7]

Smallcap the non- metallurgist at a mine posted a few weeks back Crawford is worthless, So tell us how FPX has similar rock, and almost zero sulfur and 75-80% recovery ?  Isn't it great when non-shareholders who claim they work at a mine but only post on CNC have so much FUD to share ? No other mining stocks to discuss, just negative CNC posts. Interesting.

[EndZonefor7]

More smallcap FUD: "These are not sulphides, the small amounts of nickel present is locked in a silicate matrix and cannot be processed by conventional flotation." Per Crux Investor article: "Canada Nickel estimates that of their higher-grade ore, 90% of the nickel is not in silicate minerals, and for the lower-grade 60% is not in silicates. However, some of the nickel in

[EndZonefor7]

smallcap mentions "by conventional flotation" to try and save his FUD.   smallcap fails to note this will be a new mine process being built with newer tech than the one he claims he works at. If he read the Crux article it mentions it is based on the Dumont processing plan in their feasibility study which is based on same one Tsingshan Group successfuly created to process

[smallcap1967]

17.1 General The process plant and associated service facilities will process ROM ore delivered to primary crushers to produce nickel concentrate and tailings. The proposed process encompasses: • crushing and grinding of the ROM ore • desliming via hydrocycloning • slimes rougher and cleaning flotation • coarse rougher, scavenger and cleaning flotation • regrind of the coarse flotation

[EndZonefor7]

Please stop posting FUD trying to spin the facts. They have sulfur combos of all levels from .2 to 1.0 sulfur.  Did you miss my post on grind sizes etc via your page 261? They have their own "proprietary competitive advantage" to increase the numbers to economic.  "The flowsheet utilized in this test included changes to reagents, grind sizes, and position of magnetic

[Positivelive1]

I don't think Crawford would have been recently over subscribed if it's worthless! 

[N3tPr0phet]

First, FPX's recovery is ~90%. Second, they are able ao achieve this with no sulfur in their ore body because the simple crush, grind, magnetic separation, and flotation process flowsheet unique to awaruite is entire mechanical, unlike that for sulphide deposits which involves smelting. Trying to compare apples with oranges speaks to a pretty significant gap in your technical understanding

[Rm90090]

I don't think FPX and CNC are competitiors. They are both on the same side fighting against those that beleive that low grade nickel won't be economic.

[EndZonefor7]

I never claimed to be a metallurgist. Are you ?  Both companies are attempting to take low grade nickel and mining it. Wether FPX is better or not is yet to be determined and is much farther away from being a mine than CNC is.  There must be a good reason why FPX market cap is half of CNC.  

[N3tPr0phet]

Imagine making incontrovertibly poor assertions (i.e. CNC and FPX have similar ore bodies), having your erroneous assumption simply and clearly explained to you, then challenging the person who corrected you on the grounds of their credentials. You're almost as insufferable is I am.

[EndZonefor7]

You should post more on the FPX board as they need the help over there at half the MC. You haven't been posting there since October. Unless you have another nick for there.

[N3tPr0phet]

As long as you continue to make factually incorrect assertions about their project on this board, I will be here to correct the record. Last week it was "FPX is going to be raising funds soon" even though they're fully funded through PFS is 2023. This week it's "FPX's recoveries are 75-80%" even though they're 90%. Lying about other projects to make yours

[EndZonefor7]

"Last week it was "FPX is going to be raising funds soon" even though they're fully funded through PFS is 2023." Your CEO said in a recent interview he will take cash if he is offered it. Your last financing was last April for $16 million. You have a PEA and next a feasibility study to follow plus more drilling costs which must be sky high.  If you're not

[N3tPr0phet]

Opportunistically, not out of necessity. He also mentioned that where the money comes from is important. It took nearly a year for the shares issued from that private placement to settle down, and there was a lot of selling pressure throughout 2021 becauase of it. Baptiste is fully drilled. Van has another modest ~$2M / ~10 hole program planned for this summer, similar to last year. Drilling

[EndZonefor7]

Fully drilled then means limited/no expansion upside which kills the speculation wave and share price explosion potential. No drill results til fall then as well.  I don't see 7 analyst reports out either like CNC has with probably more to come with the $45 million. Plus 5 drills mininum turning. Upside here is monsterous. 

[N3tPr0phet]

The fully drilled target, Baptiste, is just one of the targets, albeit the most developed. Van has incredible exploration upside, given that several of those from last summer's maiden drill program were among the top ten ever drilled at the district.

[EndZonefor7]

As an investor, 10 holes for the year doesn't cut it for me while CNC has 80 to come just from the lab back up and another 100 I would bet by fall with 5 plus drills turning. Upside is clearly in CNC. 

[PCGuy10]

In the February Press release  that announced improved metalurgical results used a sample that used a Ni  grade of 0.19 had a S/Ni ratio of 0.37. One way to put this arguement to bed once and for all, find a hole with a decent grade (above .3) and a low S ratio In the PEA hole CR 19-23 has a nickle grade of 0.33, with a sulfur grade of .08. That gives us a S/N ratio of 0.24. There

[EndZonefor7]

I am correcting myself on that statement, I misread. They "expect" the infill drilling to be similar results, not that they have them already and didn't release. Any "material" results will be released as required. So calm your nuts down.