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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 > Mr. .26% Nickel exposes Crawford
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Post by smallcap1967 on Jul 09, 2024 12:51pm

Mr. .26% Nickel exposes Crawford

In the June 4th press release .26% Selby announces another incredible discovery of .26% nickel (known locally as the background level of nickel). He correctly discussed the shallow < 7 meters of overburden on the site, and then goes on to explain how he is utilizing 2 drills to collect samples from Crawford for metallurgical testing. Typically this done by an advanced exploration pit, but the overburden of Crawford averages over 40 meters (maximum 90 meters), making this economically impossible to collect a bulk sample. Considering that there are many of these .26% nickel sites around both within CNC, and from more advanced competitors (Dumont Nickel, Power Nickel, EV Nickel - all with shallow over burden) did he not put a fork in Crawford? The market seems to think so.
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