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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 > My predictions for the next couple of weeks for CNC
View:
Post by Youbetyourask on Mar 20, 2022 2:56pm

My predictions for the next couple of weeks for CNC

THE STRATEGIC PARTNER :

-- YES, will be announced before the end of the month.

-- It will be GLENCORE
-Why?

1- It is already working with low grade nickel.
2- it already has smelters In close proximity yo where CNCs mines will be.
3- Mark has already mentioned that he is in negotiating with Glencore to use 2 of their prcessing plants 
    to start mining earlier so that he can add $ to his bottom line and for shareholders.
4- Right now Glencore is increasing their position in nickel.
5- Glencore is screaming for ways to lessen their carbon footprin and Mark was also mentioning that it 
    would be a win win for both of them as CNC could neutralize their Glencore's tailing ponds and 
    Glencore would have a better chance of using CNC's carbon credits to offset their carbon emissions.
6- And yes, because there will be a battery plant also nearby in Ontario. If you think Glencore and 
    others didn't know this was going to be put in place then just "pffffftt" lol
7- Glencore knows how to get a mine up and running.
8- The price of fuel is going to be very high and CNC will be using hydro power and electric mining
     vehicles and that is huge when it comes to decreasing the bottom line and negating carbon 
     emissions.
9-  For Glencore it is also a politically safe country to invest in : no political risk and the Canadian 
     government will most likely support the mining prob with cash incen re: investing in the 
     Canadian economy and also creating jobs and paying taxes.
10-Glencore also knows that there will be automakers within a stones throw of the mine campared
     to other nickel mine sources.
11-CNC is so close to the hwy and rail and doesn't have to hall the product out of the middle of
     nowhere thus saying tons of time, cash and permits for building access roads from the mine
     to processing.

Mark will have the permit for Crawford mine by the end of the month.

Nickel will level off between 30-35 thou a ton increasing doubling the PEA, and that's not including the increase that they are getting in recovery.

Besides the added plus of tons of cash from carbon credits no one is really talking about the PGMs and the cobalt.


Do any of you think I am way off and do any of you have any predictions of your own.

AND THOSE WHO DONT HAVE ANY $ ON THIS TABLE AND HAVE NOTHING BETTER TO DO THEN BADMOUTH THE COMPANY ARE NOT INVITED TO REPLY.
THIS POST AND ITS REPLIES ARE FOR THOSE OF US WHO CAN SEE THE COMPANY PROGRESSING.
THOSE OF YOU WHO HAVE INVESTED IN OTHER SMALLCAP NICKEL PROJECTS AND COME HERE SO THAT YOU CAN DIS US ALL SO THAT YOU CAN FEEL BETTER ABOUT YOUR INVESTMENT OR THISE OF YOU WHO ATE SHORTING NEED NOT PARTICIPATE, although because I stated the above I'm pretty sure some children will be more then tempted to reply.

Comment by grm9727 on Mar 20, 2022 3:11pm
Youbetyourask, I think you are 100% right in your assessment of what will happen, the only thing I think should be considered is will one of the other majors try and play spoiler and take a run at CNC.
Comment by CravingProfits on Mar 20, 2022 3:34pm
Youbetyourask....I second the motion. I should be adding a few more shares asap. Due to all the uncertainties, incompleted  deadlines, etc I feel like there is more going on than meets the eye. I`m also hoping it is on the positive side. Good analysis. GLTA
Comment by teppo10 on Mar 20, 2022 3:51pm
I like your prediction. I think you should send a copy of this to all the aforementioned parties. If they don't think this makes 100% sense then they need a slap to the head. You should apply for a CEO position with one of those companies!
Comment by JLEP16 on Mar 20, 2022 6:00pm
Also noteworthy was a detail taken from CNC’s news release of February 15, 2022. The NR highlighted substantial improvement in metallurgical performance at Crawford, and test results confirming flowsheet improvements. Testing was conducted at XPS Expert Process Solutions, a Glencore Company.
Comment by EndZonefor7 on Mar 20, 2022 6:20pm
Awesome predictions. Hope they all come true. The perfect nickel storm is here and CNC has the chance to ride the monster wave, hang ten style.
Comment by Youbetyourask on Mar 21, 2022 1:46am
I didn't know that it was Glencore who did the testing. Fantastic. Thanks for the info .  extra bonus points for us all then
Comment by idlefreebird on Mar 21, 2022 6:13am
youbetyour...very nice post For the strategic , i would believe that is out of play for now..as Mark has already secured the funds and we as shareholders don't need anymore dilution, just results for the big payday wich would be takeover,,,Mark has money to drill more than one property and to get to feasibility and the game changer.. Glencore would be an excelent fit for CNC. Crawford will ...more  
Comment by Youbetyourask on Mar 21, 2022 8:05am
Free bird, I don't agree with you on the stratigic. Mark said that he would be announcing a strategic investor who is more along the lines of knowledge in mining and the commodity, that there were a few "chairs" at the table that he was negotiating with and that it took a bit of time for the strategic/strategic s to do do diligence on the company. Just because he raised $ prior to ...more  
Comment by idlefreebird on Mar 21, 2022 4:58pm
youbetyour...i don't need to talk to Mark to understand how the process goes..not my first rodeo lol.. first off  Mark was looking for $30 million from stategic , wich would've given us $10 million to pay back debt and $20 million to get to feasbility and some exploration also giving up 15% of the company.. Mark trumped that with oversubsbribed $45 million ... he gave up a part of ...more  
Comment by Youbetyourask on Mar 21, 2022 5:43pm
Well we will both see soon enough.
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