Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s): NCPCF

Metals & Mining Industrial Metals & Minerals

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. The Company’s flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The Nickel Shaw project is located in the southwest of Canada's Yukon Territory, approximately 317 kilometres (km) northwest (NW) of the capital, Whitehorse. The Project has exceptional 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

Nickel Creek Platinum Corp

Bullboard Posts

Post by Homeboneon Jun 30, 2014 7:31pm

411 Views

Post# 22706976

Timeline and Valuation

I thought the board would enjoy this article on Pretium Resources:

https://business.financialpost.com/2014/06/25/pretium-resources-pegged-as-likely-takeover-candidate/

I see them as a kind of proxy as they have a pretty special project on their hands in our neck of the woods but they are further along in the permitting and de-risking process.

Their most recent PFS shows a 5% NPV of $1.45 Billion and an after-tax IRR of 28.5% and they have a current Market Cap of roughly $950 Million.

Out Market Cap is roughly $50 Million and I really don't think we are that far off from this project... probably even better.

Thoughts?

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects