Canada Nickel Company Inc V.CNC

All the animosity towards CNC.

[apapas1973]

There have been many discussions here lately with opposing views. Price targets I've discussed prior to this post so I won't mention again. Addressing DrNo, there are valid points there. I think the biggest problem here with the bulls, myself included, is that we're waiting for the promised strategic which presumably would ultimately lead to the takeover of CNC. Why Mark chose the other route nobody knows. I've always said that if CNC chooses to go it alone it will take much longer but we ultimately see a higher price. The takeover would come in, at a more advanced/derisked stage and the premium would be much higher . And yes there will be dilution along the way. But we have some room still. The strategic gives us the instant gratification but who knows what the deal would have been. I'm guessing based on Mark's Previous remarks about not giving away too much of the company, is the reason for the change of direction. But what everyone has to remember is every CEO has to act in the best Interest of the company/ shareholders. Doesn't mean those decisions are always right. They have to assess the current and future commodity direction, access to credit, permission of permits etc, etc. For Mark to chose this direction, tells me all the obstacles can be addressed. No Intelligent CEO would pass on a deal if they didn't confidently think they could put this together In a more profitable way. JMHO. GLTA

[DrNo1962]

Appreciate your thoughts as always. Many great points - but what about the potential there was no deal to be had at the end of the day? What if due diligence concluded no dice and it wasn't CNCs choice? Isn't that also possible? Delays, then more parties interested, then big companies move slow, and then 4-5 months pass and two self-imposed deadlines pass and no deal which was mentioned

[EndZonefor7]

Again the ex-shareholder/short didn't listen to last interview explaining strategic deal was their internal problems and unrelated to CNC. Also doesn't get how FT 's work and must be newbie to stock market. Never seen so much whining. $1.50 ain't happening dude.

[apapas1973]

I don't even know that he was that keen on doing a deal with a major DrNo. At least not for just any price. It sounds to me that Mark is going to hold firm when it comes to giving away too much of the company. I think he put out there that he'd be willing to talk and people came to him. I think the deal has been postponed for now but will be revisited in the future. Plus who's to say

[EndZonefor7]

With all due respect apapas, DrNo is trolling for weeks now with questions that are either answered or internal events shareholders will never know. Mark said in last video the strategic they thought they had a deal with had internal blowup unrelated to CNC. One can either believe him or sell. The others were taking too long to make a decision. That leads us to needing the cash sooner than planned

[apapas1973]

I understand your point Endzone. I think with some people (DrNo)it's just their frustration coming out. With others it's malicious. They do it to get under people's skin. I think at this point we need to stick with what we know or at least how confident we are in CNC and hope it takes us where we believe.

[reddog11]

I initially shared the frustration of what appeard to be switching company plan without warning. Whether the partner backed away or CNC backed away. It all occured BEFORE the nickel spike and higher grades. Now all the 51 million investors are down, common shares big down. So next go around we will have much more leverage. This deal / no deal was in the making at $11 nickel. I personally have

[EndZonefor7]

What most rookies don't realize is having a major on board can stifle you news wise and share price wise. They don't bring in buying and they influence your day to day operations cause you're scared to piss them off. Been there a few times.

[apapas1973]

Agree 100% on this Endzone.

[MOshowme]

I second it. IMO CNC is well beyone needing a major at this point. A junior exploration company may chose to bring in a major when they dont want to dilute their stock into infinity so they can get the financing needed to kick start a large drill program. CNC appears to have the funds to focus on proving out the drill results that show how much nickel is on the on the other Project 81 properties

[PCGuy10]

If that is the case, why did they even bother with a 5 month red herring of a strategic investor if you are better off doing it alone in the first place? That doesn't smell right. Reminds me of 2 cases. 1. Sobeys attempt to purchase A&P, only to lose out to Metro. For years they were staring at A&P like a dog in a butcher shop window, only to say "We are better off that we didn

[EndZonefor7]

If you're actually going compare CNC to a world war to help with your lame attempt to discredit the company then you are really desperate or seriously mental. 

[DrNo1962]

apapas1973 - it is pure frustration with a company that IMO seems to have a habit of over-promising and under-delivering.  IMO shareholders are pacified w/ whatever story fits the current events even if it  contradicts what was said yesterday.  Latest financing was last draw for me.and my only regret is not selling when I first saw it coming - instead I believed what was being said

[Myspace]

The vast amount of developments in the last six months would have to change our ceos plans. If he was running the same plan with this many developments I’d assume no one was at the wheel •    Nickel squeeze  •    Vast amounts of E.V investing in Ont. & Qc 3 car, 2 battery factory •    Federal Government giving support with tax cuts to green