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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 > Indonesia’s nickel prices surge amid probe into mining appro
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Post by EndZonefor7 on Aug 23, 2023 2:33pm

Indonesia’s nickel prices surge amid probe into mining appro

https://www.mining.com/web/indonesias-nickel-prices-surge-amid-probe-into-mining-approvals/
Comment by EndZonefor7 on Aug 23, 2023 8:37pm
Looks like we got ourselves a nickel rally brewing. 30% supply reduction is a big hit. Volataile and corrupt countries are not to be relied upon for safe long term supply. Giddy up!  Dozens of nickel smelters in the country are now rushing to stock up on ore, pushing up prices of the material, according to a smelter manager, a nickel trader and Mysteel. “Smelters are scrambling for ore ...more  
Comment by EndZonefor7 on Sep 04, 2023 12:12pm
Have another read. Indonesian corruption is rampant and curtailing production and popping prices.  The suspension of new mining quota could reduce ore supply in the country by 30% during the August-December period, said MySteel. “Smelters are scrambling for ore, with fears of not enough supply especially after big buyers lifted prices,” said the manager at a Chinese-owned smelter who ...more  
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