Canada Nickel Company Inc V.CNC

Nickel prices will kill the Ev Nickel market

[CravingProfits]

But if you are my age, you will remember gold at around $350.oo a USA once, 20 years ago. That is when I originally invested in Cibc gold mutual funds. How did that destroy the gold market with prices going up? Still up over 1000% or am I dreaming? Made a few $ but bailed out many years too soon. Lol Glta

[N3tPr0phet]

Shallow analysis.... gold has some industrial applications but primarily represents a store of value. Much different from base metals which are generally used as building blocks (i.e. a cost driver) for entirely unrelated commercial products.

[NoobTube]

A comparison to oil would be better.  Low oil prices make certain resources economically unviable which is the same for nickel.  Except nickel prices aren't controlled by a cartel like opec.  Because current nickel production is so concentrated the threat for a nickel opec is real and North American gvmts no longer want to take that risk.  The new norm going forward for all