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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 > George Pirie MPP Ontario Minister of Mines
View:
Post by EndZonefor7 on Mar 04, 2023 1:27am

George Pirie MPP Ontario Minister of Mines

Congrats to @CanadaNickel, who raised $44 million to continue exploration in the #Timmins region for #CritcalMinerals like nickel and cobalt needed for Ontario’s EV supply chain.




https://twitter.com/GeorgePirieMPP/status/1631698848782458880?t=tmTmS3dEYOH4Lck4nWKK_w&s=19
Comment by CEOofEPO on Mar 04, 2023 8:25am
Just went out to get my first tow truck to start my new business of towing all the EVs that run out of battery on the 401
Comment by Jackpotchilly on Mar 04, 2023 8:59am
You'd be eaten alive by the guys that tow the 401
Comment by CravingProfits on Mar 04, 2023 11:30am
And they now have trucks that can be called on to come and recharge your car batteries. So good luck with the tow truck business.  As far as dilution  let's bear in mind that Mark and the other insiders are also suffering the same dilution. I suppose they agree with Mark's strategy and are betting on risk vs reward for the future. Gl...ww can all use some moving forward.
Comment by EndZonefor7 on Mar 04, 2023 4:08pm
Anyone whining about dilution at this point of the project development clearly has zero geological/market intelligence. Mine development takes money and CNC is nearing the point where it will be a take out target in the next year as the FS and more partnerships unfold. The previous articles states it in bold letters.The big guys are desperate and like every other boom will overpay at the end of ...more  
Comment by CravingProfits on Mar 04, 2023 5:15pm
ENdzone... and one has to factor in how much has already been spent on the project.  Its not like Cnc did all the drilling and studies for free. They have invested a lot of money which is paid for already  and not as much of a risk to potential new investors. Money well spent I say. Glta...do your d.d and don't buy based on bullboard posts.
Comment by EndZonefor7 on Mar 04, 2023 5:28pm
Craving, the only time you can complain about dilution is when weak management in Howe St pump and dumps milk the cow and investors over and over, rolling back shares and not producing results.         CNC has done more in 3 years than most others in 10 years could only dream of, attracting a major for a partner and 7 analysts with access to large money.    We ...more  
Comment by CravingProfits on Mar 04, 2023 5:49pm
Endzone, I'm fully invested right now at around 45k. I do have confidence in Mg't. But I still could be wrong as the present and future outcome is not a guarantee. I'm gambling on the future prospect. Glta
Comment by EndZonefor7 on Mar 04, 2023 11:17pm
Agreed nothing is a guarantee but as development progresses then risk levels decrease. Anglo coming in is a massive injection of project credibility no matter how much some try to spread FUD.    They would have done a ton of DD and their own testing before laying out $24 million. 
Comment by CanadianPatriot on Mar 05, 2023 11:38am
Did they? They gave 24 million dollars. CNC gave them shares of which they can sell back and get money back. For this service they now have rights to buy 10 percent of their output. In other words they gave with one hand while taking back with another and for doing this they got a 10 percent right. Minimal risk.  Open to discussion Endzone.  PS must be the fifth time I challenged ...more  
Comment by CanadianPatriot on Mar 05, 2023 11:41am
Next year? This is new guidance. According to you in 2020 it was a matter of months. Then in 2021 some further months.   Then in 2022 some additional months. Now we are saying another year.  Why a year?  What's happening in a year? What about Dumont?  People are making comments Endzone and it seems like you are trying to change the subject.
Comment by CanadianPatriot on Mar 04, 2023 8:43am
And condolensces to the shareholders who experienced dilution for a feasibility study that was supposed to have been paid for.