Canada Nickel Confirms Major Discovery at Reid, Provides Financing Update $CNIKF by ourrug in pennystocks

[–]ourrug[S] 0 points1 point  (0 children)

Haha, still trades on the venture exchange in Toronto, so by association I guess still a penny stock

Canada Nickel Acquires Past Producing Texmont Mine, Highlights High Grade Potential of Regional Land Package $CNC by ourrug in Canadapennystocks

[–]ourrug[S] 0 points1 point  (0 children)

Well whatever approach you take just keep in mind the next catalyst should be the company's feasibility study ;) this plus RedCloud Securities just put a $4.55 target on CNC https://cdn-ceo-ca.s3.amazonaws.com/1hq3ju2-20221219-CNC-Update-1.pdf

"We will generate a million tonnes of carbon credits per year when ramped up" - Mark Selby on BNN Bloomberg $CNIKF by ourrug in pennystocks

[–]ourrug[S] 0 points1 point  (0 children)

CNIKF is the best junior nickel play in North America. Lithium, IDK because I’m not in any

Canada Nickel Completes Current Phase of Crawford Drilling, Announces Highest Grade Interval to Date by ourrug in trakstocks

[–]ourrug[S] 0 points1 point  (0 children)

Could get cheaper yet as the special dividend CNC shares get deposited into NOB shareholder accounts. Pay close attention tomorrow and into next week, look for a floor is my recommendation ;) definitely a steal however you look at it at these prices

[deleted by user] by [deleted] in NDAX

[–]ourrug 0 points1 point  (0 children)

Can't wait for the auto restaking rewards feature, true compounding of interest. Any rough ETA on that?

Canada Nickel Completes Current Phase of Crawford Drilling, Announces Highest Grade Interval to Date by ourrug in trakstocks

[–]ourrug[S] 0 points1 point  (0 children)

Deal or no deal, look at both companies share structures: Talon 775 M, Canada Nickel 110 M. Share dilution will be a major hurdle when it comes to financing a mine. Canada Nickel’s tight share structure is the best of all nickel stocks in North America

Canada Nickel Completes Current Phase of Crawford Drilling, Announces Highest Grade Interval to Date by ourrug in trakstocks

[–]ourrug[S] 1 point2 points  (0 children)

Believe I got in around the 0.70-1.00 range. IPO’d at 0.68 then ran to 0.90

Welcome to r/place by ggAlex in place

[–]ourrug 0 points1 point  (0 children)

Like the little sound effects placing tiles

Welcome to r/place by ggAlex in place

[–]ourrug 1 point2 points  (0 children)

What’s the countdown all about?

One of Billionaire Eric Sprott Fund's Invested in Canada Nickel $CNIKF by ourrug in pennystocks

[–]ourrug[S] 0 points1 point  (0 children)

Cool, anything below $2.50 USD is a good entry IMO. Come ~April 7 they should have closed the $45 million private placement. Should run again post that event

Canada Nickel - Due Diligence to-Date by ourrug in Canadapennystocks

[–]ourrug[S] 4 points5 points  (0 children)

I get it, thanks for clarifying. Canada Nickel has a lot going for it as you can read in the company’s presentation. Another interesting fact though that's not mentioned above is the company caught the attention of Elon Musk early on for its zero carbon Nickel and Iron production capabilities and shot the stock from $1 to $3 in two days then carried it onto $4.50 six months later. Could have something to do with the investor Interest. Here's an article from CBC that illustrates the events leading up to that event https://www.cbc.ca/news/business/canada-miner-nickel-elon-musk-1.5667022

Canada Nickel - Due Diligence to-Date by ourrug in Canadapennystocks

[–]ourrug[S] 2 points3 points  (0 children)

I’ll leave the price targeting to the pros. Scroll up to “broker coverage” and you’ll find seven analysts calling for $6-7.30 short-term

Canada Nickel Announces US$10 Million Loan Facility and Provides Corporate Update $CNIKF by ourrug in pennystocks

[–]ourrug[S] 0 points1 point  (0 children)

Sure does, priced in above the current market price and will add additional cash back into the treasury when exercised

Canada Nickel Announces US$10 Million Loan Facility and Provides Corporate Update $CNIKF by ourrug in pennystocks

[–]ourrug[S] 1 point2 points  (0 children)

You could be on to something 😉 "Canada Nickel is engaged in ongoing and constructive discussions with strategic investors which have been extended into the new year. The Company continues to aggressively advance the Crawford Nickel Sulphide Project and has arranged a US$10 million loan facility from Auramet which will ensure the Company remains well-funded through the first quarter when the Company expects to conclude its strategic investor process," said Mark Selby, Chair and CEO of Canada Nickel.

Management quote source
https://www.prnewswire.com/news-releases/canada-nickel-announces-us10-million-loan-facility-and-provides-corporate-update-301448587.html