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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 > 1 billion valuation for Crawford.
View:
Post by apapas1973 on Jan 12, 2024 9:17am

1 billion valuation for Crawford.

Samsung's investment during construction decision phase is valuing the Crawford mine at approximately 1 billion . That's for now. This will get a higher valuation if demand for nickel stays strong and the price of nickel finally gets some traction. Of course someone can always step in and value it for what THEY think it's worth. Lol. GLTA
Comment by EndZonefor7 on Jan 12, 2024 9:26am
Great points apapas. Can you say hello TSX big board ?? We'll have 18 months of cash supply to qualify. $2 break today? 
Comment by NiNorWesOnt on Jan 12, 2024 9:31am
BY MY MATH, 161 MILLION SHARE OUTSTANDING, 1 BILLION VALUATION EQUALS A SHARE PRICE OF $6.21? GLTA
Comment by apapas1973 on Jan 12, 2024 9:39am
Closer to 10 give or take NiNorwest and that's a ballpark number. 
Comment by apapas1973 on Jan 12, 2024 9:45am
Actually NiNor I've lost track of the share count. It might be less. Will check later. 
Comment by idlefreebird on Jan 12, 2024 10:09am
apapas, our new share count is 178,600,000 .. glta
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