Canada Nickel Company Inc V.CNC

Nickel at big support.

[apapas1973]

Nickel price continues its relentless fall. Back down to 15,600/ton which translates to approx $7 /lb. We're currently at major support. There is one notable difference this time. Nickel stocks (so far) haven't followed it down to their previous price lows. If nickel can catch a bid here, it would bode well for nickel stocks at least in the short term. We'll see what happens after that. GLTA

[Astraphobia]

Supply of nickel is continuing to grow and is predicted to continue doing that through the rest of 2024 so how can nickel prices go up if supply glut continues to increase for all of 24?  The bulls need to just do some DD instead of hopium posts.  Interest rates are not coming down anytime soon fed said forget about spring cuts and most likely won't see much cuts at all in 24 with

[EndZonefor7]

Apapas, there is always a point where stocks disconnect from commodity prices at peaks and bottoms.  CNC has solid value with massive upside as the leader of the pack in junior nickel sulphide stocks. We're at that point.  Astro has to post 10 times in a row cause his short isn't working out as planned. Same goes for Colby.