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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. 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

Bullboard Posts
Comment by GuyInPhoenixon Jul 18, 2014 4:50pm
181 Views
Post# 22761263

RE:RE:Valuation Way Off

RE:RE:Valuation Way OffHi, "Wannabe" To access the company's presentation, visit their website: www.wellgreenplatinum.com Scroll over the "Investors" tab on the menu at the top of the page, and you will see the link. On page 11, the company has included a graphic which depicts a sample development life cycle for a mine. They have suggested an estimated value of $15/ounce at the PEA stage and $30/ounce at the PFS stage. (this is based on undeveloped ounces in the ground). Note that these figures can vary depending on a number of variables. Treat them as a starting point. With the upcoming release of the revised PEA, we will begin the transition into the PFS stage. Many of us believe that the updated PEA will includes positive data on a number of fronts: (1) expansion of the total resource; (2) transition of a significant percentage of the ounces into the Measured & Indicated category; (3) positive metallurgy results; (4) lower estimated CAPEX, etc. Take an estimate for the number of ounces in M & I, multiply that total by the discounted value per ounce at this stage of the life cycle and then divide that result by the total number of diluted shares (approximately 131.5 million). For most, the arithmetic will cause you to conclude that the stock is seriously undervalued. Now we wait for the updated numbers that the company provides and we do the math together. Good luck and have a good weekend, everybody.
Bullboard Posts