Canada Nickel Company Inc V.CNC

Copper comparison

[EndZonefor7]

Interesting copper mine comparison on CEO.ca via @StopRunner.

Crawford will be a very proftiable mine and even moreso once some of the other areas are destined to be proved up. Hope we see resource report or drill results out before PDAC. 



@StopRunner Time for some basic financial math investors, haters (and geology professors more interested in chasing VMS dreams) 1. Red Chris is a big mine in BC. They average mined grade is 0.50% copper equivalent or $47 / ton rock at today's prices. https://www.imperialmetals.com/for-our-shareholders/press-releases/red-chris-mineral-resource-tonnage-increased-by-103 2. Red Chris can recover 90% (which they don't) they retain $42 a ton. 3. Canada Nickel the average nickel grades are about .30% for the first few years or $85 a ton rock. 62% recovery is $52 a ton or about 20% more than Red Chris. 4. $CNC states in the slide deck the nickel equivalent is 0.45% (iron + other by product metals) 5. 0.45% Ni-EQ is $126 a ton rock recovery 62% of that and your $78 a ton recoverable and your double what the Red Chris mine recovers. 6. Red Chris has about a 2.5 billion dollar CAPEX in a location that the infrastructure is not as good and more difficult to permit.

@StopRunner Simpleton version = Nickel is 3x the price of copper. There are tons of bulk tonnage low grade deposits around the world lucky to mine 0.5% copper which is $47 a ton rock. 0.25% Nickel is $70 / ton rock even if you recover 62% your still at roughly the same as 0.5% copper with 90% recovery. Most of these low grade copper mines operate in risky countries with poor infrastructure and high capex. Nickel in my opinion has a lot more upside because its harder to find large nickel deposits. That's just back to your supply & demand. There are a lot of low grade copper deposits that can come online with higher copper prices, nickel does not have that benefit. Don't listen to @nabtaplayaegypt First the points he makes may have been valid when Nickel was $8 / lb and the recovery was in the low 50% range. Nickel is now 50% higher and the recoveries are in the low 60%. The initial PEA was not so great at $8 nickel, at $10 nickel it was a slam dunk and the recovery has improved.

[idlefreebird]

endzone, the numbers don't lie and the PEA at $274 million free cash flow was put out by Ausenco a reliable source...and there is so much more coming ...but don't get me wrong the Capex will increase but that is a set number and after the build it's just upkeep...this free cash flow was at $7.75 lbs...it won't take long to payback the 2 billion build...the carbon credits in itself

[Seahawk001]

Lol look at that lovely chart. I think the struggle is not only CNC but oils on a terror, if you can't beat them at the gas pumps then join them. The return on nickel is no where near the return Oil n Gas are returning to shareholders for a few months and years to come 

[EndZonefor7]

The easy money has been made on oil and gas stocks IMHO. O&G stocks now have to sharpen their pencils and deliver huge profits on high expectations. They also run the risk of higher carbon taxes that will nulify some of their future profits. Not to say they won't continue higher, but the risk/reward for nickel/copper has way more profit potential as they are just starting their super

[GnuckyT]

Goldman's new analysis just out doesn't agree with your rosy picture.  Next leg up won't be inanother ten years for nickel.  Brian Acker was also on BNN and he stated to avoid commodity plays just like nickel too.  I will repost this post of yours in two years when energy investors reap the dividend windfall as a result to something that CNC doesn't have which is

[EndZonefor7]

Please do. But no one will be here to read it but you. We'll be long bought out by then buddy. ;) You do realize Goldman is the biggest con job outfit but they did call for nickel prices to go up another 20% by end of this year? Just in time for feasibility and buyout. BTW Acker the hacker has been wrong so many times I lost track.

[GnuckyT]

  interesting how Goldman predicts this super cycle and is quoted very early on these boards.  They now report market saturation and you question their credibility. You are the same bad investor that has been promoting this from 4.01 down to current levels in a commodity boom so you lack credibility at this point. As you sit here and make a positive spin on everything it's

[EndZonefor7]

You trolls with your Selby hate on really crack me up Stock goes to $4 from nothing then back down to $2 in a global correction / bear market while raising $50 million with a PEA done with expanding resource by double and feasibilty study to come. Your perception of "investor" is pretty warped. I bought most of my shares at 70 cents when I first started posting thanks ....which I've

[GnuckyT]

try again I sold at 3 dollars for a profit.  I've been in energy plays and wished I bought more energy than this stock as some are up five times over the same time period.  You have invested in the commodity market and the stock needs to go up 100 percent to make back to its highs.  Sorry you talk way too much for someone that clearly is married to this stock and not buying or

[EndZonefor7]

Life's too short to be a disgruntled ex-shareholder with false perceptions of other posters. Nickel up again this morning.

[Youbetyourask]

LOL you said nickel prices are going lower !!! Did you say nickel prices are going lower? Energy prices are at their peak. Best sell your energy stocks now then if you want to keep any of that $. Goldman lost a lot of $ when that 100,000 dollar short squeeze happened. you think that all of what they say is gold you go right ahead on believing that nickel is heading downward.  

[Ivorygull]

It seems to me that if the crux interview was held in Australia as you say, then we have all got a shite load more problems to worry about than the price of CNC. Since when did South Africa get moved over to Australia. If you are unhappy that you bought here instead of something else, welcome to every other shareholders problem. Sometimes it sucks!! GBR Great Bear Resources went from $8 to $4 in

[minime123]

Goldman seeing next leg up past 2024, so it's in timing with CNC mining production startup.

[Cobalt]

Someone say top was in? Gas and Oil names ripping higher again "The threat of cutting off gas supplies, if not being paid in Rubles, is taking another casualty. Russian gas giant Gazprom has announced that it will stop gas supplies to the Netherlands by Wednesday,"

[EndZonefor7]

Didn't say the top was in, said the easy money has been made. CNC will triple before the average oil and gas stock does.

[GnuckyT]

Your investing acumen is poor as you have demonstrated time and time again.  You say this will triple meaning this will go to 6 dollars.  Yet, you held this at $4.01 only to watch it go down to $2.00 while others like myself publicly called our sales.  So in other words at $4.01 you held on trying to squeeze 33% more and as a result you took a nice hair cut by leaving a lot of money

[EndZonefor7]

Troll posts ramping on the super positive news of the election. Ontario government is pro-mining ICYMI too.  The shorts can't break the $2 level as the buying support is too strong with so much upside to come.  BTW Gnucky, it was at $4 for a few trades so please stop with this garbage. Few people hit this mark and you didn't sell either so therefore whose the sh*tty investor ?

[DrNo1962]

Here here! Great post.

[Cobalt]

You opened it up just adding thanks , so dont worry i will keep us updated cheers

[EndZonefor7]

Was a general comment to your steady pumping of unrelated stocks which goes against SH posting rules.

[EndZonefor7]

What happened to the big O&G stock breakout? They're all sucking wind. ;)

[Iwant2Retire]

OK I've read all the bickering and insults and I'm sorry things haven't changed on this board. I just have one thing to say to whoever complained about Selby going abroad. He's trying to get investors and/or a buyer. How many mines are owned wholy or partly? Quite a few. Stop with your conspiracy theorys and prophecey's. Discuss the stock, positive, negative, neutrally but