Canada Nickel Company Inc V.CNC

PEA

[EndZonefor7]

For those who missed the "positive" PEA page 345 smallcap wants us to read. As I've said we're still in the third inning here with 18 more properties to go. 


The CUC offers good potential for developing a low-grade, large tonnage nickel (Co, Pt, Pd, Fe) resource and should be investigated further.

25.17 Interpretation and Conclusions It is the opinion of the authors that additional exploration and development expenditures are warranted on the Crawford Nickel Sulphide Project.

Considering the positive outcome of this PEA report, it is recommended to pursue the next phase of the project. Next steps in the development of the project should focus on expansion drilling to extend current mineral resource limits and in-fill drilling to upgrade confidence in the categorization of current mineral resources

[smallcap1967]

 “Whether an economic size and grade of deposit can be developed from the CUC will be predicated largely on the success of metallurgical testwork and the price of nickel and other recoverable metals. The Crawford Nickel Sulphide Project is still at an early stage, but initial metallurgical work and mineralogical studies have shown that the nickel contained within the serpentinized ultramafic

[EndZonefor7]

Exactly ! Since July 9th PEA report they have had 4 press releases on improved metallurgy by multiples for what CNC says is the highest grade nickel sulphide concentrate globally. Nickel has gone up from $7.75 PEA number to $20 high improving NPV massively by possibly a billion more per year pure profit.  Depending on how the nickel market shakes out, it could be way more. Must explain the

[smallcap1967]

The mettalurgy only uses samples with S/nNrations in excess of .3. Many of the drill results have S/N of zero. These 3 "exhaustive" improved samples do not appy as the drill cores have less than .3 S/N ratio.  Note the last press released  improved total nickel recovery from 62-63 %. Table 1 Locked Cycle Tests February 15, 2022

[EndZonefor7]

You missed the point of the news. The lower grade .19 got similar recovery results as the higher grade .35. More FUD.

[N3tPr0phet]

And you missed the point of his critique. The improved recoveries that were demonstrated on the .19% and .35% grades in both instances had S/N ratios on the high end of the drill results reported thus far. How about Sellsby runs some locked-cycle tests on those samples with negligible Sulphur content and see how close the recovery formula stipulated in the PEA is? Plot twist: the proprietary

[PCGuy10]

  I just mentioned this earlier. That .19 sample had a S/N ratio of .3. Run a sample using DDH  CR19-23. It has .33 Ni .08 S for a S/N ratio of 0.24. Let us know how it goes. If the results match than we are good to go. If it doesn't then we're cherry-picking the data.

[EndZonefor7]

Now there is accusations of cherry picking. LOL. Must be tough on the short side with CNC new big players on board with $45 million plus. Happy weekend shorties !

[N3tPr0phet]

>everybody with criticism I can't adequately respond to is short t. you

[EndZonefor7]

Yup looks like you started drinking before noon. Lol

[EndZonefor7]

PCguy now joining the dark side instead of just being ex-shareholder. Where were you the last 4 press releases on metallurgy ?You all must be at the same bar. LOL

[PCGuy10]

Going back and re-reading those relases,  the samples used had S:Ni ratios higher than 0.3, one as high as 1:1. If you know the reasons why it works with samples with low or no sulfur you can just spare us the drama and tell us instead of telling us to email the CEO as you have. Let's just leave it at that!

[minime123]

Both articles are very long reads, but i think they are well worth the time to completely read them from top to bottom, as this will help relieve some negative pessimisims on CNC story, if one may have.    I am no chemist or scientist by all means but my beliefs after i read this article is, there is complicated methods that can lead a low grade nickel sulphate of class 2 to be