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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 > Common sense prevails
View:
Post by EndZonefor7 on Dec 02, 2022 9:45pm

Common sense prevails

Via CEO: @StopRunner @red911 What are you talking about man, the last financing was 51 million between prices of $3.10 and $4.46 with NO warrants. That’s double and Triple range from todays share price. How are you calling it dilutive ? In terms of the most recent loan this is just smart financial engineering. The market is terrible and the share price is depressed, they would have had to gone to market at a discount and likely offer a warrant in this environment. The DOW is up 20% in 7 weeks and nickel is $12.50/lb. When the tax loss selling finishes this should easily move back up with little volume.
Comment by PCGuy10 on Dec 02, 2022 11:43pm
Cherry Pickers are going to Cherry Pick. Also Via CEO: Let's look at the posts before and after the one you quoted! @red911 May be lots of potential here but I wouldn't buy either until after they announce how they will repay $10M USD loan with Jan 14th fast approaching - last loan resulted in significant FT dilution and share price slid for months. @red911 @StopRunner $10M ...more  
Comment by GnuckyT on Dec 03, 2022 11:49am
Shares went up from 60 million to 118 million. The ignorance on these boards is astounding.  They make statemens that is false information and resort to bullying tactics to silence individuals that take evidence based approached discussions.
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