Post by
EndZonefor7 on Feb 08, 2024 1:30pm
Major financing talks ongoing
"The company is in discussions with the Canadian government, the United States Department of Defense and other partners in the battery manufacturing sector to raise the funding, CEO Mark Selby told Reuters."
Comment by
idlefreebird on Feb 08, 2024 2:11pm
endzone, I could see Wyloo coming into the picture ..They have plans to build a chromium smelter in Sault St- Marie ... things will get interesting ..glta
Comment by
CanadianPatriot on Feb 08, 2024 2:51pm
Yes, and all that high grade nickel from Ring of Fire will be set aside so that CNC can also use the smelter. Has this been confirmed or a rumor? Wyloo projected output will decrease substantially if on goodwill they allowed CNC to also use their smelter.
Comment by
EndZonefor7 on Feb 08, 2024 3:51pm
Idle, Something is going to jolt this stock price overnight and those who think they can outsmart the institutions will be in for a rude awakening. As soon as a US institution or two steps in it will be too late for shorties to cover and fence sitters to buy this cheap again.
Comment by
idlefreebird on Feb 08, 2024 5:24pm
ENDZONE , there is a nickel horizon in my views ...wich has a $$$$$ sign attached to it ...long and strong