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. 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

Nickel Creek Platinum Corp

Bullboard Posts

Comment by cayp21on Apr 11, 2012 10:17am

201 Views

Post# 19779980

RE: Been away

I would be interested to hear how you justify those valuations.

NKL at $12 would represent 11x current book value and PCY at $2 would be 4.5x book. Platinum does command a premium over coal but either of those price targets do not seem very reasonable to me.

Happy to be proven wrong.

Bullboard Posts

Dynamic Funds Launches new ETF series on the TSX