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Stockchase Opinions

Dennis da SilvaCanada Nickel CompanyCNC.VWAITNov 15, 2023

CEO has a glorious history in the space. Caught up in nickel prices. For things to hum, need nickel in $12-15 range. General malaise in nickel, despite excitement around energy transition. ESG agenda. 

$0.93

Stock price when the opinion was issued

$1.47

As of Jun 19, 2026. Market Open.

Mining
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WAIT

Near term, the nickel market will continue to be depressed. The market will turn 4-5 years from now. Not the lowest-cost producer, but will enjoy market favour because it's a Canadian company. Expects it to do well.

RISKY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

CNC recently confirmed widespread mineralization at its Mann Northwest property, confirming its discovery. But this was more or less assumed, anyway, from the company's earlier announcements in July. We would certainly keep it in the 'speculative' category. But it has a large deposit in a safe jurisdiction, and as the stock drifts lower it does become more interesting for small cap sector players. 
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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The results from the last quarter were good. There are positive indicators overall in terms of good metallurgy and consistencies to other zones. Progressing well. A good small cap metal play with good momentum. Unlock Premium - Try 5i Free

BUY
Well managed by a seasoned CEO who is promoting their Crawford project as a carbon-neutral one. (ESG is a major force in investing now.) There are question marks about valuation, a lot for a company still finalizing its ultimate size. Not sure if it can achieve all its ESG targets, but he likes he CEO. Their initiatives are probably aiming for a bigger company to take it out.