On Saturday, NIA sent out an alert entitled, 'How Is BIG Worth More Than CNC? Watch What Happens Tuesday!'.
In this alert, NIA said, "Hercules Silver (TSXV: BIG) has a higher market cap than Canada Nickel Company (TSXV: CNC) based on the results of one deep drill hole from six months ago! CNC owns the world's second largest nickel reserve at its Crawford Deposit alone and early drilling results on Noble Mineral Exploration (TSXV: NOB)'s adjacent Mann Northwest is showing similar intersections of nickel in terms of length and grade, on a property that contains a more than 3X larger geophysical footprint!"
On Tuesday morning, NIA sent out an alert entitled, 'CNC Will Surpass BIG's Market Cap'.
NIA explained on Tuesday morning, "CNC deserves a much higher market cap than BIG!"
Here is an updated market cap chart of CNC vs. BIG and this doesn't include the newly issued CNC shares that the world's third largest gold miner Agnico Eagle (AEM) has just purchased in CNC at a large premium above today's closing price to fund CNC's continued drilling of NOB's Mann Northwest:
NIA's prediction has already come true, but this is just the beginning for Canada Nickel Company (TSXV: CNC), and especially for NIA's #1 favorite base metals pick for 2024 Noble Mineral Exploration (TSXV: NOB).
NOB owns CNC's Mann Northwest where CNC discovered a nickel deposit on August 22nd that all early signs indicate could have potential to exceed the size of CNC's Crawford Deposit the world's second largest nickel resource/reserve! The money raised by CNC from AEM will be spent drilling NOB's Mann Northwest!
CNC is paying for the Mann Northwest drilling program to earn an 80% stake in the property, and if Mann Northwest gets valued by the market at $200 million like the market is currently valuing Crawford, the 20% stake that NOB will retain in Mann Northwest could have potential to add $40 million to NOB's market cap.
NOB's Mann Northwest contains the largest geophysical footprint of any discovery made by CNC in the company's history!
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.