Canada Nickel (CNC.V) Update 2: Progress all Across the Board

Drilling Updates, Financials, Downstream Processing and a Bit of Game Theory, Potential Customers, Premium Pricing, Supply Chains, Company Aspirations, Upcoming Milestones...

Figure 0: George Pirie visiting Canda Nickel’s Crawford project. Source: LinkedIn post, June 2024.

Introduction

This article is the second update on Canada Nickel ($CNC.V). Please see also my earlier articles:

Canada Nickel: Base Metals Junior Company With Upcoming Catalysts And Significant Upside

Canada Nickel (CNC.V) Update: Mr Market Seems To Miss These Pleasant Surprises

Let’s review what happened these last three months. The outline of this article is as follows:

1. TL;DR

2. Company Updates

   1. Progress at the Different Properties

   2. A New Potential Large Customer Emerges

   3. Downstream Processing Plants

   4. HY 2024 Financials

3. Supply Chain, Premium Pricing for Commodities

4. Vertical Integration at OEMs and CNC Downstream Processing

5. Variant Perception

6. Aspiration

7. Milestones to Track

Let’s dig in …

TL;DR

Despite Mr Market not really paying attention, Canada Nickel is progressing nicely and increasing (in my view) its value. A quick overview:

• Drilling progresses nicely