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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 > From CEO.CA just now
View:
Post by NiCuAgFan on Jun 22, 2022 6:12pm

From CEO.CA just now

 

Fools.gold: Just got a lengthy email response back from Mark Selby. To summarize we are looking at a resource estimate and update within the next couple weeks. CNC will also be drill testing up to 20 targets this year. Meaning we have 20 slot pulls, if even one of those comes back high grade or bulk tonnage, oh man! If they do make a discovery they’d concentrate on growing the discovery. He also mentioned that in the PEA they were hoping for 4-5% increase in recoveries but are targeting much better than that now. Every 1% is a 92 million increase in NPV. Also, the PEA was done at $7.75 and for each 0.75 increase it adds just over 300 million to the NPV, currently nickel sits around $12.50/lb. He also said that they’ve been in discussions with car companies/battery companies and North America doesn’t have the nickel needed to supply the green revolution. He said even with Indonesia supplying the nickel market it’ll still be in a deficit. But countries like Canada, USA, Europe and etc will only use green battery supplies. I also spoke to the top shareholder of CNC today and he hasn’t sold a share and has only added along the way. All in all things couldn’t look better but the stock price couldn’t be worse. You know what to do. BUY:CNC

 

https://ceo.ca/cnc?0afb5b91cc20

Comment by EndZonefor7 on Jun 22, 2022 6:18pm
Thanks for that. You know it's just a matter of time, and time is of the essence for the EV industry to lock up mineral deals ASAP. Whose it gonna be ?
Comment by CEOofEPO on Jun 22, 2022 6:57pm
Fools gold is a known pumper trying to get back to break even and unload his regret bags. Place to buy is around 25 to 50 cents end of july
Comment by CEOofEPO on Jun 22, 2022 7:07pm
Next nickel squeeze will be 2025 we got time for juniors to bottom with incoming recession to reload don't catch the falling knives here
Comment by GnuckyT on Jun 22, 2022 10:39pm
Is this the same Mark that said we would have a strategic partner by now?  The one that said there was so much interest he had to pull up more chairs at the table and then nothing materialized?
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