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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 > Canada Nickel plans zero-carbon N. Ontario mine cluster
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Post by EndZonefor7 on Apr 23, 2023 1:01pm

Canada Nickel plans zero-carbon N. Ontario mine cluster

We're just basically taking in a similar type of rock, grinding it up really finely and injecting the CO2 as it's going through the mill,” he said. “So that's the nice part. It's not any more complicated than that.”

Canada Nickel also plans to create carbon credits around its process. For the Crawford project, he predicts between 750,000 to one million tonnes of carbon credits.

“The nice thing with these carbon credits,” Selby explained, “is we'll measure carbon of the material as it's at Point A in the pipe, we’ll run this carbonation process, and then we'll be able to measure the carbon as it's coming out in Point B.”

A release states the Crawford nickel project has potential to become the sole large-scale carbon storage facility in Ontario and one of largest such facilities in Canada.

Canada Nickel plans to mine 120,000 tonnes of ore per day – and process 43 million tonnes of nickel and cobalt per year from 100 million tonnes of material. It also predicts mining up to one million tonnes of iron and between 30,000 to 40,000 tonnes of chromium per year.

Selby estimated construction would generate several thousand jobs, along with several hundred employees working at the mines once they are operational.

“Our market cap right now is about just under $200 million. This is a billion-dollar-plus project,” Selby said. 
 

https://sustainablebiz.ca/canada-nickel-plans-for-zero-carbon-mining-cluster
Comment by EndZonefor7 on Apr 23, 2023 1:40pm
So let's look at the facts and numbers. 750,000 tons of CO2 capture is $97.5 Million per year free cash back at $130 per ton by 2030.  1 million tons of CO2 capture will be $130 million free cash back. That is just at Crawford. Throw in just Reid, Texmont, Midlothian, Delero and you can multiply that to over half a billion potential just on carbon credits.  Then toss in the 30 ...more  
Comment by CEOofEPO on Apr 23, 2023 4:09pm
Do you get double time pay for posting on weekends 
Comment by CravingProfits on Apr 23, 2023 4:15pm
CeoofEpo....maybe a good reason for you to move on to the companies you "are" invested in if the noise here bothers you. As for myself..I bought another nice chunk at $1.55 on Friday.  Wish me luck I guess. Glta
Comment by EndZonefor7 on Apr 23, 2023 6:04pm
They can't let go Craving. Never seen such a sicko obsession with a company and their CEO. Mom only lets them have internet access on weekends now ? Bizarre. 
Comment by CEOofEPO on Apr 23, 2023 10:18pm
Almost as bad as having an obsession with an investment that has returned you zero percent in 3 years
Comment by CanadianPatriot on Apr 24, 2023 7:50am
Are you kidding me?  No one even comes close to as you in posting several to a dozen posts a day for three years while watching their investment erode from over 4 dollars to now.  Nobody has benefited from your posts. Dumot Keeps Sitting with No Takers You keep comparing this to that Dumont deposit which is a large nickel laterite deposit located in Quebec. The deposit was discovered ...more  
Comment by CanadianPatriot on Apr 24, 2023 7:51am
Key question here Endzone that you did not consider. The nickel mining industry has undergone significant consolidation in recent years, with a small number of large mining companies controlling a significant portion of the market. This means that potential buyers for a large-scale deposit like Dumont and CNC may be limited, as many of the largest companies already have significant nickel assets ...more  
Comment by NoobTube on Apr 24, 2023 1:16pm
The real question is which majors are lacking North American nickel resources?  Sure they have some in Australia, Africa, Indonesia but that doesn't provide security for geopolitical risks or helps any onshoreing efforts for North American transportation supply chains.  I guess all those Ontario battery plants will be importing from other continents.
Comment by Youbetyourask on Apr 23, 2023 11:08pm
Bought a bunch more myself , 1.54 :)
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