Canada Nickel Company (TSXV: CNC) CEO Mark Selby said last night that using the flow through investment dollars from Agnico Eagle Mines (AEM) they plan to establish "half a dozen" new Crawfords and we already know that Samsung is valuing Crawford alone at over US$1 billion.
It is clear to us that Mark Selby believes these "half a dozen" new Crawfords are on Noble Mineral Exploration (TSXV: NOB)'s Mann Township properties. In the upcoming weeks when CNC executes their option agreement to form an 80/20 JV with NOB on these Mann Township properties, look for NOB to be revalued to a market cap closer to 20% of CNC's market cap.
Also remember that NOB owns 2% NSR royalties in CNC's Mahaffy, MacDiarmid, and Bradburn properties and NOB owns 2.913 million CNC shares.
NOB is also drilling right now 2km north of Glencore's Kidd Creek the richest discovery in Canadian history.
We're not sure where NOB's CEO found Mark Selby when NOB spun-off CNC, but Mark Selby is a very good CEO.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from NOB of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.