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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 > Searching For a Cataylst...Regional Exploratory Drilling..
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Post by Digger0144 on May 10, 2022 8:01pm

Searching For a Cataylst...Regional Exploratory Drilling..

In my opinion this is not going to work...I am very familar with the Region and the information that was released today is...same old..same old.  In otherwords tell me something I do not already know.

There is no doubt in my mind that this is a diversionary tactic...the Crawford Deposit has lost its appeal and the market is not buying what they are selling.  I have seen this over and over again...not going to work.

Exploration drilling is very expensive.  They are desperately searching for a cataylst prior to August 5, 2022 when the recent Private Placement restrictions are lifted and the 10 million
 shares plus will be allowed to trade on the open market.  Issued at $3.10..stock now at $2.14..in only a month.  I see further downside from here...the irrational exuberance will quickly fade.

There has been mention on this board that 25 new institutional investors have come on board in the last money raise...think about it...do you not think that a majority of them will feel that they have been duped.  Most of them will dump their holdings...to be sure!  How many do you think there will be left standing once they are able to trade their holdings.

Exploration Costs which include drilling, mapping, core splitting, geological interpretation and assaying amount to $300.00 per metre.  If you have the goods that money should all go to the Crawford Deposit..do you not think?  There is so much more work that should be done there...again...if you have the goods.  Come on...the Crawford Deposit is over 2 kilometers in strike length.

Notice how the latest drilling results have already diverted "your" attention from the real story....false hope in my opinion.

Again...not going to work...the market is on to "them"..the market has been speaking loudly for the last month.

All the best!
Digger0144
Comment by CravingProfits on May 10, 2022 8:10pm
Digger...did you factor in the growth potential? Of course I could be wrong but if Crawfird was trading at $3.40 when I bought in....what in your opinion could they trade at after doubling or tripling their district size deposit? Give it some time though. Glta
Comment by Digger0144 on May 10, 2022 8:47pm
Hey CravingProfits... Growth potential..of what? They can double or triple what they got...but..what do they got? A low grade uneconomical deposit...the market is a lot smarter then me.  It is speaking loudly...think about it. Also this is a "dirty" deposit...nickel-cobalt sulphide project...it would be a long fight even if they had the goods. Sorry, I could not say something ...more  
Comment by CravingProfits on May 10, 2022 9:24pm
Digger...and who might those friends be? The mayor and conservative PM candidate under Doug Ford or just working at the fast food outlets? Like some of us? Please tell me more. Glta
Comment by Digger0144 on May 11, 2022 10:02pm
Hey CravingProfits... I have many friends in Northern Ontario from all walks of life..I respect each and everyone of them and treat them all the same. Regards, Digger0144
Comment by CravingProfits on May 11, 2022 10:26pm
Digger...no disrespect but friends do no necessarily mean astute investors. Un less you know more than I do of their acumen. Glta
Comment by SamMc1969 on May 10, 2022 10:08pm
Digger, who do you think you are bs'n? Who in their right mind gets on a bull board with a junior mining stock and runs their lips about how bad an investment it is? I think a lot of stocks are overvalued, but I don't run to every message board and bash the people who think otherwise. What is your motivation? Trying to save us from ourselves? Your sh$% talk tells another story. You sound ...more  
Comment by IgnacioCashmere on May 10, 2022 10:59pm
Most of the people I encounter constantly bashing a junior miner seem to be people who were once or many times burned by junior miners. They come to the conclusion it's all random, like gambling, no one knows which miner will get lucky with a big buyout or make it to production. They seem to believe there is no skill involved in separating the pump & dampers, lifestyles, & genuine deal ...more  
Comment by EndZonefor7 on May 10, 2022 11:19pm
Exactly IgnacioCashmere. Best to put on ignore. These types that post on dozens of boards like they are in the know are usually washed up wannabe geos trying to short or want to buy more lower. I think there will be a sea of regret by many when all is said and done.
Comment by EndZonefor7 on May 10, 2022 11:15pm
Good post Sam. A nickel sulphide deposit is "dirty" so therefore is uneconomical too but grade is increasing as well as metallurgy recoveries ? What does he think Sudbury and Thompson deposits are made of that have been producing for decades ? Sulphides. Never seen so many trolls trying to "save" investors.
Comment by EndZonefor7 on May 10, 2022 8:43pm
Material info of new district discoveries on a few of 18 properties is a diversionary tactic ? Market speaking loudly the last month ? The entire global markets have been tanking the last month. What rock have you been hiding under ?? LOL Last of the shorts is in denial.
Comment by Digger0144 on May 10, 2022 9:04pm
Hey EndZonefor7... First of all I respect your passion for the story..but...it is just that..a story. In my opinion the fall in share price has nothing to do with the markets in general...yes...it has become a factor lately...but...the downfall came much sooner. The share price spiked to $3.50 just before their news release that triggered the sell off...the market was expecting a strategic ...more  
Comment by EndZonefor7 on May 10, 2022 10:58pm
Digger, The price spiked so they could get the $4 FT and stagger it down. Dirty game but that's what happened. Strategic could step in at anytime still. If one was that close to a deal you don't think there aren't others ? Narrow minded thinking. The market sold off from $2.70 like all the other nickel /mining plays. Overlap the charts. All identical. You clearly missed the boat.
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