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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 > Noront story
View:
Post by Myspace on Apr 08, 2022 10:40am

Noront story

Noront ceo Alan Coutts and his team seem to have butchered the sale of their company. I need to hear from Mark Selby on the matter.


The shareholders got robbed I’m sure the locals will too.

Comment by Rm90090 on Apr 08, 2022 11:31am
Has something happened? In the news yesterday it says that the sale was finalized. Did the price change?
Comment by Myspace on Apr 08, 2022 12:44pm
No, it just seems crazy they sold for 630m. I understand they have insane development costs and decades of work ahead of them. Noront was worth a ton more then that in 08-10. We all see the nickel inventory dwindling, people talking about nickel replacing oil and these guys sold their share of the future for 630m
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