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Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. Its flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The project is in the southwest of Canada's Yukon Territory, approximately 317 kilometers (km) northwest (NW) of the capital, Whitehorse. The Nickel Shaw Project is a large undeveloped nickel sulphide project, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shaw Project has access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska. The Company also maintains environmental baseline activities, considers optimization alternatives and seeks other opportunities.


TSX:NCP - Post by User

Bullboard Posts
Comment by ideal2uon Feb 14, 2014 12:43am
197 Views
Post# 22208435

RE:Thanks for the cheap shares JL

RE:Thanks for the cheap shares JL
I know this is  going to sound "Elementary" to many but I am going to post it anyways as I believe that Eodway is on to something here. I started looking into the Rhodium side of this deposit a while ago and am glad to see someone has decided yo delve into it. Also, there is lots of over looked info on the web site in Investors kit, (February 2014 Corporate Presentation and Investors Fact Sheet)
this is just a brief explanation of what Rhodium is (available to anyone who does a little bit of searching) DD 

 
Rhodium is one of the rarest elements in the Earth's crust, of which it comprises an estimated 0.0002 parts per million (2 × 10−10).[23] Its rarity affects its price, and thus its usage in commercial applications.
Mining and price[edit]
 
 
Rh price evolution.
The industrial extraction of rhodium is complex, as the metal occurs in ores mixed with other metals such as palladium, silver, platinum, and gold. It is found in platinum ores and extracted as a white inert metal which is very difficult to fuse. Principal sources are located in South Africa; in river sands of the Ural Mountains; and in North America, including the copper-nickel sulfide mining area of the Sudbury, Ontario, region. Although the quantity at Sudbury is very small, the large amount of processed nickel ore makes rhodium recovery cost-effective.
The main exporter of rhodium is South Africa (approximately 80% in 2010) followed by Russia.[24] The annual world production of this element is 30 tonnes and there are very few rhodium-bearing minerals. The price of rhodium is historically highly variable. In 2007, rhodium cost approximately eight times more than gold, 450 times more than silver, and 27,250 times more than copper by weight. In 2008, the price briefly rose above $10,000 per ounce ($350,000 per kilogram). The economic slowdown of the 3rd quarter of 2008 pushed rhodium prices sharply back below $1,000 per ounce ($35,000 per kilogram); they rebounded to $2,750 by early 2010 ($97,000 per kilogram) (over twice the gold price), but in late 2013, the prices were a bit lower than $1000.[25]
 
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