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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 on the fully permitted Dumont nickel project... see more

TSXV:NKL - Post Discussion

View:
Post by Chizkiyahu on Oct 28, 2021 8:09am

News

Oh sh-t! BS!
Comment by GoldPathfinder on Oct 28, 2021 1:24pm
The news explain the current weakness in the stock price, which is an overreaction. Especially as Nickel 28 do not expect this 2 week shutdownto have negative impact on production & Sales for the year. 'This is a buying opportunity! https://stockhouse.com/news/press-releases/2021/10/27/nickel-28-announces-ramu-mine-temporary-suspension-of-operations-in-response-to
Comment by Talchior on Oct 29, 2021 1:08am
indeed, Ramu is always over producing then in worse would have the forecasts result. Moreover, the rate is undervalued. Always strange this quotation.
Comment by Chizkiyahu on Oct 29, 2021 7:53am
My understanding is that the quality of management is not really good. Hope I'm wrong. We are looking forward to see 3rd quarter report next week. 
Comment by urai58 on Oct 29, 2021 11:27am
I'm also beginning to wonder if the quality of management, especially CEO Justin Cochran, is still right and if the right priorities are being set. Justin is currently heavily involved with Carbon Streaming ...   For example, the NR of 27.10.2021 leaves interpretations open. The NR talks about the "minesite" being temporarily shut down. That would be the actual mine: The ...more  
Comment by Talchior on Oct 29, 2021 12:48pm
if you are not confident, did you vote against him during last assembly. For me, they don't have any. Interest to push the rate until they are buy back. Less the rate is quoted more it's interesting.
Comment by urai58 on Oct 30, 2021 2:09am
If I understand correctly, you are of the opinion that no shares have yet been bought back from Nickel 28. If so, why do you know that? I think we will see that in the Q3 financial report - hopefully next week. What would not be correct at all: cashing in options by insiders. Subsequent sale of shares and purchase by NKL. Indirectly, the existing cash would flow into the pockets of the ...more  
Comment by Talchior on Oct 30, 2021 4:38am
it's only an hypothesis. We are speaking about millions of shares to be buy. We didn't see specifically increase of exchanged shares. For me, they have requested to a third party to do it smoothly to not interact with the current rate. If I am correct, it will take a long run then why do publication to increase the rate?
Comment by urai58 on Oct 30, 2021 5:27am
Pursuant to item 8, purchases must be reported. Purchases must also be reported in the quarterly report ex SEDAR. [url=https://www.tsx.com/resource/en/447[/url] urai5
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