Bullboard - Stock Discussion Forum Canada Nickel Company Inc V.CNC

Alternate Symbol(s): CNIKF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:CNC - Post Discussion

Canada Nickel Company Inc > Atlantic Nickel buyout for $1.3 Billion CDN

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Post by EndZonefor7 on Jun 12, 2023 8:54am

Atlantic Nickel buyout for $1.3 Billion CDN

https://finance.yahoo.com/news/appian-announces-sale-brazilian-companies-064200259.html

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Comment by RatPatrol on Jun 12, 2023 1:12pm

Thanks for this Endzonefor7! This further shows that carmakers are tying up critical mineral supplies. In this case, Glencore will operate the mine. Altogether this looks like a smart deal at a good price.

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Comment by EndZonefor7 on Jun 12, 2023 3:17pm

You're welcome RatPatrol. CNC has multiples of nickel resources than Atlantic. Now we know where the bar is set. Just a matter of time now til CNC's number comes up. You don't stay grossly undervalued forever in an M&A environment. Dumont is overdue. Quebec show next week would be good timing.

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