GBA Presents: THE BARE ESSENTIALS

Discussion in 'Stocks' started by stonedinvestor, Mar 9, 2022.

  1. Who is the largest nickel producer in Canada?
    Vale Canada
    One of Canada's major nickel producers is Vale Canada, the Canadian division of Brazil-based miner Vale (NYSE:VALE). Vale is the world's largest nickel producer and has seven nickel-focused sites in Canada. The company produces approximately 65,000 MT of nickel annually at its operations in
     
    #901     Mar 30, 2022
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  2. First Quantum Minerals Ltd. (FQVLF)
    Other OTC - Other OTC Delayed Price. Currency in USD

    34.15+0.25 (+0.75%)
    As of 10:10AM EDT.


    Canada Nickel Company Inc. (CNC.V)
    TSXV - TSXV Real Time Price. Currency in CAD

    2.9100-0.0300 (-1.02%)
    As of 10:43AM EDT.
     
    #902     Mar 30, 2022
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  3. vanzandt

    vanzandt

    Didn't that ticker used to belong to the skiing operator? They owned a bunch of resorts. Or am I thinking of something else?

    Edit... Ok, their ticker is MTN
     
    #903     Mar 30, 2022
  4. Hedgies have been buying into that ski resort -- sales are up but snow is down<-----

    Snow making machines<----- Global Warming & Ski resorts
     
    #904     Mar 30, 2022
  5. vanzandt

    vanzandt

    Stoney it keeps climbing.
    Up another 3% today.

    I don't like the idea of another 200MM shares potentially hitting the market though. 400MM to 600MM... that's a big deal.

    We need a robotic assembly-line play. These new EV companies will be spending massive capex on this stuff as demand grows. That's why NKLA registered those shares. To fund expansion.

    Nickel is old school Stoney, there's new tech in the works. I spotted it last summer. I'll see if I can find it.
     
    #906     Mar 30, 2022
  6. #907     Mar 30, 2022
  7. Bare Essentials Only Van -- you'll thank me when Russian debt comes due
     
    #908     Mar 30, 2022
  8. vanzandt

    vanzandt

    Well, Bare Essential Rule #1>>>>> NEVER BUY A CANADIAN (otc) MINING STOCK UNDER $3. :D

    Besides. Justin Trudeau isn't gonna let some mining operation poison his environment. I'd rather buy the company that mines in Russia.

    Here... new tech:
    https://elitetrader.com/et/threads/which-way-metals.353582/page-11#post-5412995

    Cobalt and nickel supply-chain risks

    The U.S. Department of Energy (DOE) has made it a priority to find ways to reduce or eliminate the use of cobalt in batteries. "The battery industry is facing an enormous resource crunch," said Ceder. "Even at 2 TWh, the lower range of global demand projections, that would consume almost all of today's nickel production, and with cobalt we're not even close. Cobalt production today is only about 150 kilotons, and 2 TWh of battery power would require 2,000 kilotons of nickel and cobalt in some combination."

    What's more, over two-thirds of the world's nickel production is currently used to make stainless steel. And more than half of the world's production of cobalt comes from the Democratic Republic of Congo, with Russia, Australia, the Philippines, and Cuba rounding out the top five producers of cobalt.

    In contrast, DRX cathodes can use just about any metal in place of nickel and cobalt. Scientists at Berkeley Lab have focused on using manganese and titanium, which are both more abundant and lower cost than nickel and cobalt.
     
    #909     Mar 30, 2022
    stonedinvestor likes this.
  9. vanzandt

    vanzandt

    Now who'd have thought Cuba would have Nickel. Hmmm.
    Undersea mining Stoney!
     
    #910     Mar 30, 2022