NIA's #1 favorite base metal stock suggestion for 2024 Noble Mineral Exploration (TSXV: NOB) has 236.216 million shares outstanding for a market cap at today's closing price of $0.09 per share of CAD$21.259 million.
Canada Nickel Company (TSXV: CNC) after Samsung acquired 15.6 million shares and Agnico Eagle Mines acquired 19.6 million shares currently has 177 million shares outstanding for a market cap at today's closing price of $2.07 per share of CAD$366.39 million.
CNC's market cap is currently 17.23X higher than NOB.
According to CNC's CEO Mark Selby, NOB's Mann Northwest located east of Crawford has a geophysical footprint of 6.0 km2 or more than triple the size of CNC's Crawford geophysical footprint of 1.6 km2. The initial 5 drill holes at NOB's Mann Northwest achieved nickel intersections similar to Crawford in both grade and length. NOB's Mann Northwest nickel intersections began within 18m and 36m of surface and continued to 335.5m and 432m below surface.
These drill holes were so successful that CNC immediately drilled 3 more holes to the northwest of the first five at NOB's Mann Northwest!
CNC within weeks will report assay results for these 3 additional drill holes at NOB's Mann Northwest and an additional 8 drill holes at NOB's Mann Central!
NOB's Mann Central has a geophysical footprint of 3.1 km2, which is also significantly larger than CNC's Crawford!
NOB is currently drilling on its claims 2km north of Glencore's Kidd Creek the richest discovery in Canadian mining 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.
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