There is no direct link between thyroid nodules or cancer. Most of the thyroid nodules or lumps are not cancerous, people can get thyroid nodules at any age, but most of the cases have been seen in older people. A person may have a multinodular goiter, it means thyroid has several nodules, here can be extra lumps filled with thyroid hormone. These are not cancer. However, with the help of biopsy or other tests, it could be confirmed that there is cancer or not?