Canada Nickel Company Inc V.CNC

Nickel price

[Leo1965]

Good news is that the nickel price, along with other base metals, is going higher. Kind of no news or bad news is that we are still waiting for the offtake announcement.

[apapas1973]

All related the falling US dollar Leo. Dollar just broke down. We could be looking at the EVERYTHING bubble. Stocks, commodities etc. But that will ultimately end badly. If CNC can get their act together, we'd be able to participate in that and hopefully sell the company off before the next major correction. GLTA

[EndZonefor7]

Still tax loss selling going it seems. Get the deal done and we'll go on a decent run. It should be a trend setter for the whole nickel stock sector as it will set the new bar on what car/battery makers are willing to pay to get their nickel needs for post 2027 into 2030 and beyond. With COP28 pushing for fossil fuel reductions the decarbonization cycle will kick into a new move up for nickel

[Leo1965]

I am sure you know why the share price is going down today and it's not because of the end of year tax selling loss.

[apapas1973]

Based on the way it's trading Leo, Mark will address the loan tomorrow morning or after market close today and let us know it's being extended. He will be issuing shares to auramet. My guess is an extension till about end of January. The longer he extends it, the further away a potential deal is. There is a small part of me that thinks this is set up this way to line the pockets of auramet

[Leo1965]

Mark promised offtake agreements by the end of this year, he has to deliver it. It will be bad for his own credibility and the company's share price if he cannot do so.

[EndZonefor7]

If you're selling cause your scared then see ya. It's still tax loss selling season until 3 trading days before month end.