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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 FmrAnalyston Aug 24, 2011 10:45am
323 Views
Post# 18974526

Sprott

SprottI have an old friend at Sprott who goes by the book and wouldn't give a tip to his mother. I called him this morning inquiring about their interest in Prophecy Platinum. He acknowledged that they are very high on this stock but wouldn't tell me how much they are accumulating or at what price they might sell. My gut tells me that we'll hit a new 52 week high before they even think of getting out. I'm also guessing that the financing that is in the works has a high price with a value priced warrant. It wouldn't be out of the question to price the offering at $6 with a warrant at $625. The rational being that the warrant would quickly come into value.
Bullboard Posts