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Bullboard - Stock Discussion Forum NiCAN Ltd V.NICN

Alternate Symbol(s):  NILTF

NiCAN Limited is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and evaluation of mineral properties. The Company is actively exploring two nickel projects, both located in well-established mining jurisdictions in Manitoba, Canada. Its projects include the Wine Project and the Pipy Project. The Wine Project is located within a favorable... see more

TSXV:NICN - Post Discussion

NiCAN Ltd > Can somebody explain to me
View:
Post by HeldarJ on Feb 28, 2024 3:56pm

Can somebody explain to me

Whit 70 million shares outstanding how does this company keep trading day after days so many shares where are the shares coming from
Comment by VENMan on Feb 28, 2024 4:18pm
At some point you would think the volume would relax but let them trade away. I want to be in this play because I like the drill results. I herd an interview with the ceo who was asked about the potenial size of the Wine Property and He said something like  with those grades near surface you don't need 20 million tons. With much of the infrastructure in place in Manatoba even a few ...more  
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