Canada Nickel Co Inc (CNIKF)

[nowwhat2]

Sounds (to me) like that for $24 million at $1.95/sh they'll own 9.9% of the Company ?

[Diogenes of Sinope]

Canada Nickel Announces $24 million Investment from Anglo American


https://canadanickel.com/wp-content/uploads/2023/02/CNC_Strategic_Canada-Nickel-Announces-24-million-Investment-from-Anglo-American_02.08.2023.pdf

[Diogenes of Sinope]

Canada Nickel Announces $24 million Investment from Anglo American

[nowwhat2]

Darn - I slept in



13 sessions earlier ;







In April ? https://ih.advfn.com/stock-market/USOTC/canada-nickel-qx-CNIKF/stock-news/87753803/echelon-wealth-partners-keeps-a-buy-rating-on-cana


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=jjn&x=0&y=0&time=10&startdate=1%2F4%2F2020&enddate=1%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=150+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

[nowwhat2]

Update (has been brutal)
Guess that's what ya; get for just holding land.

[StockLogistics]

Gap at .67

[StockLogistics]

Gap at .69

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/USOTC/canada-nickel-qx-CNIKF/stock-news/87753803/echelon-wealth-partners-keeps-a-buy-rating-on-cana

[nowwhat2]

Wild guess
At what price was the bought deal done at I wonder (haven;t read the thing / but will)
Looks like it may have been done at 2.75-ish ?

[subslover]

Canada Nickel Announces Upsize of Bought Deal Public Offering to C$45.0 Million
https://www.otcmarkets.com/stock/CNIKF/news/Canada-Nickel-Announces-Upsize-of-Bought-Deal-Public-Offering-to-C450-Million?id=347149

[Diogenes of Sinope]

CNC HALTED PENDING NEWS;

https://www.newswire.ca/news-releases/iiroc-trading-halt-cnc-892563463.html

GLTA!

[subslover]

Thank you

[Diogenes of Sinope]

CEO Mark Selby today;

[subslover]

Just gave you a member mark #460. Yes, I agree with what you say. :)

[subslover]

Just gave you a member mark #460. Yes, I agree with what you say. :)

[Diogenes of Sinope]

You’re welcome.

Good timing—I believe that new all time highs and more are coming to our screens soon.

[subslover]

You're certainly gonna clean up! Thank you for responding. I got into this yesterday.

[Diogenes of Sinope]

Yes I am.

Been trading/accumulating on the Canadian side (CNC) since the $1 range.

Crazy times for sure;

https://www.bloomberg.com/news/articles/2022-03-08/lme-suspends-nickel-trading-after-unprecedented-price-spike

GL!

[subslover]

Are you in this one? Short squeeze possible.

[StockLogistics]

I got this board reopened

[Diogenes of Sinope]

CNIKF

Been buying Canada Nickel

GLTA

[john44]

Canada Nickel (OTC:CNIKF +28.9%) shoots to an all-time high after saying it is looking into building a $1B facility that will process zero-carbon nickel, just days after Tesla's Elon Musk pledged a "giant" contract to miners that produce the key battery metal.

"The electric vehicle chain and broader market in general is crying out for zero-carbon product," Canada Nickel CEO Mark Selby tells Bloomberg.

Selby says the potential plant would be developed in the Timmins-Cochrane region of northern Ontario, exploiting the company's proximity to hydroelectric power to reduce emissions.

Nickel futures (LN1:COM) climb to a six-month high, up as much as 1.5% to $13,865/ton, highest since Jan. 22.

ETF: JJN

[john44]

'Please mine more nickel,' Musk urges as Tesla boosts production
Yilei Sun, Melanie Burton
4 MIN READ

BEIJING/MELBOURNE (Reuters) - Tesla Inc (TSLA.O) boss Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company’s electric cars, warning the current cost of batteries remained a big hurdle to the company’s growth.

[john44]

https://www.reuters.com/article/us-tesla-nickel/please-mine-more-nickel-musk-urges-as-tesla-boosts-production-idUSKCN24O0RV

[john44]

Canada Nickel Company Inc is a Canada-based exploration company. The Company is engaged in the operation, exploration and development of mineral properties. The Company is focused on exploration of its Crawford Nickel assets. The Crawford Nickel-Cobalt Sulphide Project is located in Crawford Township, approximately 42 kilometers north of the city of Timmins. The Crawford Nickel-Cobalt Sulphide Project covers approximately 650 hectors and comprises eight crown patents and 18 single cell mining claims.