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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 > Here is an old article on moving 6.2 klm of hyw 101
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Post by idlefreebird on Nov 06, 2023 9:51am

Here is an old article on moving 6.2 klm of hyw 101

and keeping in mind an additional 20 klm of road was built to get ore to mill also portion of lake was dammed and fish relocated to the other side ...glta  P.S. Timmins is mining....


"We found more ore (at the Dome site), so we'll be able to do more pre-stripping on the Pamour," he says. "We won't have to start supplying ore (from the Pamour site) until August or September."

In order to accommodate the excavation, they are building a new 6.2 km portion of Highway 101 East to extend around the site, and plans are in process to move the top portion of Three Nations Lake next summer. Read related story>>




https://www.northernontariobusiness.com/regional-news/timmins/joint-venture-has-big-plans-for-pair-of-properties-0705-363659
Comment by smallcap1967 on Nov 06, 2023 10:05am
I drive up that road often. I am more concerned about the hydro transmision corridor, however, when they release the feasibilty study these costs should be explained.
Comment by idlefreebird on Nov 06, 2023 10:27am
smallcap , need not worry as there is funding for that as well and i'm thinking this could also fall under the Taykwa Tagamou agreement ..glta
Comment by IgnacioCashmere on Nov 06, 2023 2:07pm
The developer of Crawford will spend 3,500 million in startup costs. Moving the highway 2 km over might cost 5 million, 10 at most. Someone on ceo.ca was trying to advance the idea that Crawford can't be built because it's too expensive to reroute the highway, lol.
Comment by idlefreebird on Nov 07, 2023 2:17pm
ignacio , just for the records the road will be 27 klm of re routing ... this is a costly project but for a 41 year mine that will generate 500 million free cash flow anualy this is peanuts..now this will be over 150 million to re rout but keeping this in mind the governments new budgets for infrastructure will eat up this cost ..anothr note to add is that planned well this new hyw will be located ...more  
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