Canada Nickel – Introduction To The Crawford Nickel-Cobalt Project And The Larger Emerging Timmins Nickel District

Mark Selby, CEO and Director of Canada Nickel Company  (TSX.V:CNC) (OTCQX: CNIKF), joins us for a comprehensive introduction to the company, projects, work strategy, management team, and financials on their focus in the emerging Timmins Ontario nickel and critical minerals district.   We start off with a with getting the background on how the company came together with a particular focus on the flagship Crawford Nickel-Cobalt Sulphide Project, but also expanding out into 20 other regional ultramafic targets along this trend.  11 of these additional targets, like the Reid Project and Mann Northwest Project, have seen exploration work that demonstrates the potential size and scale of those additional Projects.


Next we had Mark highlight some of the resource specifics and key metrics and takeaways form the Crawford Nickel-Cobalt Project to date, noting that it is the 5th largest undeveloped nickel sulphide project in the sector, that is attractive to both battery metals and stainless steel markets.  He outlines some of the main updates investors can look forward to in the upcoming Feasibility Study; where there will be near a doubling of the mine throughput highlighted, and improved metals recovery rates compared to the previously released Preliminary Economic Study.  Additionally, the Company will be including more details on the implementation of one of the largest carbon storage projects in Canada as another value driver, that is of interest of the government.


We then drill down into the polymetallic nature of the Crawford Project, and that in addition to the nickel and cobalt, that there is a substantial amount of iron, chrome, platinum, and palladium in the resource that contribute as co-credits.   This provides the company with a dual path of looking for offtake agreements with both the battery metals manufacturers for their nickel-cobalt concentrate, and the 304 stainless steel manufacturing for their iron/chrome/nickel magnetite product.   This brings into the discussion how some of these potential strategic partnerships may assist in the capital stack needed for the debt financing to develop the project and to build the stainless steel plant.  In addition to strategic partners like Anglo American, and potential off-take partners, there are opportunities for the development capital that could also come from streaming transactions, and government tax credits to help finance the future development.


  • We know there were a lot of questions submitted that we didn’t get to in this initial introduction, but we will be following up with Mark for future interviews to dig in a bit more granularly and discuss other projects like Texmont, so please submit any additional questions to either or




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    Aug 30, 2023 30:13 AM

    dxy weekly is still in a buy mode… gold price is not going crazy to up side yet…..monthly gold never became a buy mode…and not even a buy signal…..could dxy get back to the low of this consolidation range?…back to 89ish of 2021?……glta

    Aug 30, 2023 30:57 AM

    ADP Private Sector Jobs Data

    Peter Boockvar – August 30, 2023

    “ADP said the private sector added a net 177k jobs in August, about 20k below expectations but completely offset and then some by an upward revision of 47k to its July figure. The growth in service sector jobs was cut in half from 303k in July to 154k in August. The goods producing sector hired a net 23k vs 21k last month. ”

    “In particular on the service side, after huge increases seen in June and July (I believe due to ADP’s faulty seasonal adjustment), the hiring in leisure and hospitality cooled to 30k. Manufacturing hired a net 12k and construction added 6k. Hiring slowed from the previous few months with small and medium sized businesses.”

      Aug 30, 2023 30:00 AM

      Another ‘Fed is done rally’ But… / Other Good Stuff, Including HP Comments

      Peter Boockvar – The Boock Report – August 30, 2023

      “I lost count on how many ‘Maybe the Fed is done hiking rates’ rallies we’ve had this year in markets but it’s been a lot. While the Fed will most likely pause in September, we ended the day on Tuesday still about 50/50 for another one by yr end post JOLTS data. On the still higher for longer belief that is becoming more entrenched in people’s minds, as it should, a full 25 bps rate cut is not priced in until next June in the fed funds futures market. That is in stark contrast to what was priced in this early May when the market was pricing in about 200 bps of rate cuts by June 2024. The S&P 500 by the way was around 4100 in early May. Also in early May, the 10 yr yield traded between 3.4-3.5%, so the long end since then has ‘tightened’ conditions by 70-75 bps.”

      “We know how difficult it is for many to swallow a 7.5% mortgage rate to buy a home but it’s also now impacting cash out refi’s which people have used to consolidate higher interest rate debt elsewhere, to use for spending projects, etc… Yesterday the FHFA said in Q2, cash out refi’s made up 17% of total mortgages, down from 46% in Q2 2022. The 20 yr average is about 30%.”

      Aug 30, 2023 30:24 AM

      Face it guys, the public is broke, inflation is under reported. Investors are not likely to change their bearish state of mind until about the time when money becomes so plethoric as to lead to credit expansion. Liquidity is still being withdrawn and if The Federal Reserve changes course we will see hyperinflation. The course of stocks depends entirely on the money situation. The financial authorities predict a recession although they are loath to say we are already in one. They no longer talk about a business depression because the “D” word has been expunged from their vocabulary. The Fed is playing the hesitation game because to appear to move in either direction will expose their invisible hand. DT

    Aug 30, 2023 30:12 AM

    PM prices continuing back up higher again this week.

    Gold at $1973-$1974 this morning (despite all the hand-wringing and gnashing of teeth we’ve seen the last few months, the yellow metal is still just over $100 buck away from it’s all-time-high resistance level in that $2070-$2089 zone).

    Today’s pricing levels and where we’ve been all summer is still actually a historically very historically high level for the yellow metal, and while higher inflation may have compressed producer margins some, the producers are still making nice money at these levels. If a company can’t make money at $1900+ gold then something is fundamentally wrong.

    Silver at $24.82 this morning (after getting back up over $25 in pre-market hours). Again, this is a historically respectable level for silver, and similar to comments above, most silver producers should be making good money at $23-$25 silver prices.

    Let’s see if the mining stocks get the memo…