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Bullboard - Stock Discussion Forum 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... see more

TSX:NCP - Post Discussion

Nickel Creek Platinum Corp > POINTERS ( 846 - former post )
View:
Post by Wangotango67 on Nov 04, 2023 10:14pm

POINTERS ( 846 - former post )

846 million tonnes - silicate peridotites.
It's all about the silicates.
Greatest amount of tonnage.
Silicates hold their own in metal %
Silicates = sulphide metal + salt ionic solution  ( don't get me started - 1/2 digest assays ) lol
Silicates overlay sulphides like an - icing cap.
Silicates have to be mined first.
Yet...saw 86% reduction.
Silicated were first to be tested 2012 using 80% - worked really well.
Silicates were fine ground then blended. ( composite 80% peridotite )
Right Side Chart = 2012 Recoveries

https://live.staticflickr.com/65535/53301796240_8fd7c44653_c.jpg


486 million tonnes
should've read 400 million tonnes
adhearing to 2012 pea mineral percentages.
.
2012 met studies  tested 80% peridotites.
I had to stick to this chart - it also revealed ( chromium + titanium )
And two nickels strictly in, Peridotites. ( each with own separate -  columb 3 )
0.77% Ni if combined.
https://live.staticflickr.com/65535/53301316921_92a17827fc_z.jpg

Others may ask...
Why not use the 2015 stats
where they actuallly reported 846 million tonnes inferred ?

Simple answer ?
I wanted to.
But.... 2014 / 2015 aligned the extraction towards sulphides....

2 increases of resource in this 2015
329 million tonnes m + i
846 million tonnes inferred

They catered the me studies to - sulphides.
329 million tonnes with only 1 - 10% peridotite ( proves this )

https://live.staticflickr.com/65535/53255723282_357390e13d_c.jpg


Junior at this point in time sifted former drills, reassayed, relogged, digitized
and performed new drilling. Most former drills were only 100m to 300m.
= silicate upper

2017 axed silicates - inferred resource = dropped by 86%
= silicate peridotite was claimed difficult ( yet... 2012 was perfectyly fine )
= forcing me to use 2012 resource size ( 400 million t +  silicate met studies )

Why did i choose " gold " as a buyout attractant ?
Least mineral in resource.
Leaving all else tabled
= Good Temp to resolve this Wellgreen.

There are hardly any posters on the bullboard.
Performance since 2017 = slow and axed 86% of inferred.
Most shareholders would move on to another stock.

Hardly any posters = Suggests few common shareholders.
I can't dismiss another Capital company hasn't been collecting cheapies.

Which... if i'm right....
There's far less small holders of shares.

Electrum + Drake
Who else ?
Major miner...?  Several Capital Companies ?


If my theory is correct...
there are very few common shareholders.

Let's then ask...
Who would pitch hit for the remaining shareholders ?
Present and Former ncp employess have worked  for - majors.
lol

Which is why i wrote the previuos post.
Outlinning just - gold
All remaining metals left on the table
Not a share value.
Rather a face spot value of, 2 categories of assumed inferred gold.
Applying 0.04 g Au to.... 846 + 147 million tonnes. 

All other metals....Ni, Cu, Co, Pt, Pd, Fe, Mg, Cr, Ti, Exotics, + potential silica Areogel.
Largest share holders use these tabled metals to invite
other stakeholders in and together = pay the assumed gold content.
Take Private or, other.

I could tabulate what's transpired since 2016 into
an alpha numeric equation and i'm positive... the equation favors others.
2023 pfs anyone ?   lol


Hence - larger players should buy the remaining common 
shareholders shares - wrap it up.
If they drag and lag... given cuurent world affairs ?
That's just not right.


Cheers...



Comment by Johnnychoo on Nov 05, 2023 3:23am
This post has been removed in accordance with Community Policy
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