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Bullboard - Stock Discussion Forum Nickel 28 Capital Corp V.NKL

Alternate Symbol(s):  CONXF

Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty in the Dumont nickel project in Quebec and a... see more

TSXV:NKL - Post Discussion

Nickel 28 Capital Corp > Regulatory request from China
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Post by Talchior on Apr 16, 2021 2:32pm

Regulatory request from China

It seems that the reason of the decrease of the price is related of comment from China minister. "Comments from Chinese Premier Li Keqiang weighed on markets as it is the second time in just a few days top officials talk about cost controls, commodities broker Anna Stablum was quoted by Reuters. Chinese vice-premier Liu He, who chairs the countrys Financial Stability and Development Commission on Thursday warned about the need to keep prices stable after producer price inflation rose 4% the fastest annual pace in nearly three years." I thing that the prevision discussed earlier should not be impacted. Any previous experience if regulations arrive? But it's take time.
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