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

Alternate Symbol(s):  CONXF

Metals & Mining Industrial Metals & Minerals
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 > Current weakness?
View:
Post by Nergy on Oct 20, 2021 3:38pm

Current weakness?

Can't find any information supporting the current downturn, very strange to see this happen when the Price of nickel is soaring and flirting with the 10 year high.
Comment by GoldPathfinder on Oct 20, 2021 4:33pm
I can mostly find triggers and added shares today! + Peaking nickel price + Repayment of operating debt  + Buyback of shares + MHP & Cobolt will be strong with the batterys for EVs - Silence from the management
Comment by Chizkiyahu on Oct 20, 2021 7:37pm
I looked at insiders. They received huge options and sold right away. Or more dilution? 
Comment by GoldPathfinder on Oct 21, 2021 1:58am
It looks like they used their options? Do we know if the buyback of shares have started yet? This is thankfully anti-dillution. Regarding the higher nickel price, This may trigger some of the many  NKL royalties to show its true value. Especially the Dumont and Turnagain royalties.
Nickel 28 Capital Corp
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