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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 > Ford has our back...
View:
Post by CravingProfits on Jan 24, 2024 2:56pm

Ford has our back...

This could mean we have been forewarned, with any luck.
I hope I am reading between the lines correctly  since politicians always know of coming investments before we do. Lol

 
 
Sudbury.com
 
Home Local News
Ford says Northern Ontario mines will help create economic boom
Premier addresses municipal leaders at the annual meeting of the Rural Ontario Municipal Association
Sudbury.com Staff
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Ontario Premier Doug Ford speaking at the ROMA conference.Supplied
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00:02:28
Ontario Premier Doug Ford said he is counting on the Northern Ontario mining industry to help build Ontario into an economic powerhouse for the battery electric vehicle (BEV) industry.
 
Ford was speaking Jan. 23 at the annual conference of the 2024 Rural Ontario Municipal Association(ROMA) when he spoke about the importance of the Ontario critical minerals strategy for the future of EVs in Ontario.
 
"I know you’ve heard me speak about this many times before. But I need to talk about our booming electric vehicle industry. That’s because this industry is going to benefit every community in the province for generations to come," Ford told the delegates in downtown Toronto.
 
 
"We’re building a home-grown EV supply chain, connecting critical minerals in Northern Ontario, and clean steelmakers in Hamilton and Sault Ste. Marie to auto makers and battery manufacturers across Ontario, all powered by clean, affordable Ontario energy," Ford continued.
 
He said that in the past three years, Ontario has attracted more than $28 billion in automotive and EV investments, which includes the $7 billion investment by Volkwagen for a new battery plant in St. Thomas, Ontario.
 
"These investments are creating thousands of new jobs and supporting hundreds of thousands of indirect jobs throughout the supply chain in communities across the province. We’re becoming a world leader in the electric vehicle revolution," Ford told the conference.
 
 
"Ontario is the only place in the world that the six largest automakers call home.  And friends, as our economy grows our population is growing at record speed.  Ontario is the fastest-growing place in North America, bar none," he said.
 
Ford also spoke to the importance of transportation in Northern Ontario. He said his government has purchased three all new locomotives and sets of passenger cars for the three new Northlander passenger trains that will run between Toronto and Timmins and Cochrane, "making it easier for families to get where they need to go." he said.
 
"And, last year we approved the terms of reference for the First Nations-led Environmental Assessment to finally build the all-season roads in the Ring of Fire region," said Ford, referring to the Northwestern Ontario mining deposit.  
 
Len Gillis covers mining and health care for Sudbury.com.
 
 
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Recent news about electric car sales are not very good. Ford has slashed F150 EV production. Rental companies are selling off a big chunk of their EV fleets. Nickel prices are down. And then there is Federal Environment minister Guilbeault who is using duplication of the environmental audit process by his department to stall any new mines.
 
  
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Comment by EndZonefor7 on Jan 24, 2024 4:22pm
The car guys finally get it which is why they're banging on CNC's door. When you're the leading contender to be first to market starving for nickel the next deals will only get better IMHO. Indonesia could be out of nickel in 15 years with declining grades. CNC could go for 100 years. 
Comment by idlefreebird on Jan 24, 2024 10:29pm
endzone , on the Ontario Northland coming to Timmins i remember reading an article on them and they stated the rail service to Timmins was going to get funded by freight cost.. thi was awhile ago as discusions have been had about the great norther nickel halo that surround the city's hear og gold lol ..matter of time .glta
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