Post by
EndZonefor7 on Feb 04, 2024 4:57pm
Subsidies Shift
Expect to see some of the $20 billion in oil and gas subsidies shift over to the nickel mine industry. O&G has had billions in subsidies forever but that is coming to an end as we shift to the new decarbonization world. Even the last few years a big chunk went to decarbonize their refinery and production operations.
The trolls miss out on the most important point is the urgent need for relying on China not just for nickel but for every critical mineral and tech chips and more. Governments will heavily subsidize any industry they are desperate for.
I see more articles on US DoD and Energy Agency hunting for nickel projects and we know Mark has been in discussions with them down south and just a week ago in Ottawa. The money will pour in here over the next year IMHO and change the North American nickel market.
PS Notice all the bombs being dropped overseas ? Demand for stainless will blow EV's away if it steps up to new levels.
https://financialpost.com/commodities/energy/oil-gas/canada-bans-some-fossil-fuel-subsidies
Comment by
Astraphobia on Feb 04, 2024 5:21pm
Wtf you smoking the good stuff
Comment by
idlefreebird on Feb 04, 2024 8:38pm
endzone , looks like it don't take much to stir up this beehive lol ..long and strong ..glta
Comment by
EndZonefor7 on Feb 04, 2024 10:30pm
Yes idle, they're a very triggered bunch, lol. Think big or go home. ;)
Comment by
CanadianPatriot on Feb 04, 2024 5:57pm
WOW Endzone another weekend after four straight years of pumping gone. You are quite abusive while being wrong from 4 dollars down and while you still hold the bag. I reported you for your incessant toxic name calling.