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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

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Post by NiCuAgFan on Dec 05, 2022 9:37am

StopRunner

@StopRunner Guys here concerned about dilution should look at their peers in the nickel sector. Talon is a good example with 850 million shares outstanding for a smaller project that they can only earn 60% of.

$CNC [ Feasibility Study ] Shares Issued: 113,137,166 Market Cap: $156,129,000 Last Trade: $1.38

TLO [ Pre-Feasibility Study (Only Holds 60% Ownership in Project) ] Shares Issued: 850,766,418 Market Cap: $374,337,000 Last Trade: .44

FPX [ Pre-Feasibility Study ] Shares Issued: 241,157863 Market Cap: $102,936,000 Last Trade: .47

GIGA [ Pre-Feasibility Study ] Shares Issued: 97,904,128(Plus 28 million Warrants) **** 2:1 rollback in 2017, 5:1 rollback in 2015 while advancing Turnagain ****Market Cap: $29,371,000 Last Trade: .30
Comment by EndZonefor7 on Dec 05, 2022 10:23am
Good comparison. CNC clearly way undervalued. Note that mines in BC where GIGA and FPX are take an average of 13 years to be approved and built. Don't have the link handy but was reading last week. Canada/Ontario will fast track Crawford IMO. 
Comment by GnuckyT on Dec 05, 2022 6:03pm
talon has partnered with strategic partners.   cnc has a loan do on Jan 14 and so far seeing management  busy doing media interviews while other companies are eating cnc's lunch priority is not getting retail investors too much focus on that.  It's on securing a strategic and addressing the pay day type loan that is coming due  
Comment by CEOofEPO on Dec 05, 2022 6:08pm
Cnc seems fairly valued at this point
Comment by rockstar on Dec 05, 2022 7:16pm
lol at your comment "CNC seems fairly valued at this point" StopRunner,  I am not even going to waste my breath with your comment, but I will say one thing  "YOU HAVE NO CLUE WHAT YOU ARE TALKING ABOUT"  LMAO
Comment by N3tPr0phet on Dec 05, 2022 7:43pm
This seems like it could be offside, per the new content moderation rules that rolled out today.  Saying that an individual is clueless without providing any sort of contrasting perspective (while belittling the post as unworthy of a reply) seems like bullying to me.  Please be kind and remember the human :^) 
Comment by N3tPr0phet on Dec 05, 2022 6:14pm
13 is the number that Google spits out for "BC mine approval time" but it is the average for discovery to construction, not for approval and construction.  FPX's CEO is targeting production by 2030, maybe 2029. I'm sure Selby is promising earlier; he talks a big game.
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