DOW jones up 1,167People should start to catch on coronavirus...

DOW jones up 1,167

People should start to catch on coronavirus will have zero impact on CZN

If you own travel or cruise line stocks they are naturally going to get bashed

But demand for nickel is only going to skyrocket. In response to the coronavirus look at the $Tn in stimulus package for building and infrastructure China and others are announcing. Steel and EV cars are both set to soar and with them the need for nickel.

Does CZN need to raise money in the next 6 months - NO

Does CZN have any ties to China or effected areas - NO

CZN can quite happily go about it's business for the next 12 months proving up a JORC and drilling out this deposit.

Once drilling has started the buyers will be back.
Others here pointed out that from when drilling started last round it was only 11 days till news of visible copper and nickel

The stock went from 0.25c to 0.5c bid in 2 days and did hundreds of M of volume

If this time they are proving the deposit is even bigger than before then it should go higher and with more volume

Only reason CZN is back at 0.2c is placement sellers are qued to sell at 0.3c for just 12% loss and DOW has been down -5000. People only have 1 option currently is to hold or sell at 0.2c. The lesson should be buy stocks you can set and forget.

There is no reason for anyone to have taken placement at 0.35c and decided they need to exit at 0.2c weeks later for any fundamental reasons. Drilling hasn't even commenced yet.and no material updates either for CZN or nickel price.

CZN has done all the hard work, raised the money and right about to drill. This is when you buy, not sell.