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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 Bottleson Jan 16, 2012 2:08pm
250 Views
Post# 19408474

RE: resistence at $2.70

RE: resistence at $2.70

 

"looking at the chart, if we can get through $2.70, then the stock should be off to the races.

Its been bumping up against this level for quite a few sessions now. Sellers are thinning out."

 

Would love to get the PEA Study sooner than expected (ie: due to be completed in February where release date is not known). I think that would break the $2.70 level. In the meantime, been watching platinum prices of late. A technical breakout above $1500 might generate some additional buying pressure into shares of NKL. Given the public float of shares outstanding, it does not take much pressure to move the stock price in either direction. Toss in a little momentum.....

Bullboard Posts