Gee, quite a few recommendations for Prophecy Platinum..
Prophecy Platinum Corp. TICKER: NKL:TSX.V; PNIKF:OTCPK; P94P:FSE Prophecy Platinum Corp. is a growth-focused platinum group metals (PGM) exploration company with projects in the Yukon territory, Ontario and Manitoba, Canada. The company's 100% owned Wellgreen PGM-Cu-Ni project, located in Canada's mining-friendly Yukon, is one of the … read more The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision. Expert Comments: The Gold Report Interview with David Smith (12/2/13) "I've visited Prophecy Platinum Corp. and written about it for The Morgan Report. The company's shares are only $0.47. Prophecy has the very interesting Wellgreen PGM-nickel-copper exploration property in the Yukon. Being in North America certainly gives Prophecy an advantage. Country risk is such a big factor, one that should be on every investor's mind when determining whether to buy a particular company." More > Lawrence Roulston, Resource Opportunities (11/29/13) "Prophecy Platinum Corp. is valued at less than $6/oz of the platinum group metals plus gold that is anticipated to be recovered, based on the earlier PEA (giving no credit for the 2 Blb each of nickel and copper); another measure is that the current market value is just 4% of the pre-tax NPV in the PEA. While those are crude measures of value, they suggest that there is enormous upside potential as the project advances." Thom Calandra, The Calandra Report (11/21/13) "Those looking for platinum prospectors that appear 'cheap' might take a look at Prophecy Platinum Corp. . .the first data from the Wellgreen area (September 2013) showed fairly high-grade platinum-group metals. . .it showed 353m of continuous mineralization grading 2.62 g/t platinum equivalent." Brien Lundin, Gold Newsletter (Jefferson Financial) (10/24/13) "Simply put, Prophecy Platinum Corp.'s Wellgreen is a very large, high-potential project with a strong management team. Near current levels, the company is a Buy." Brien Lundin, Gold Newsletter (Jefferson Financial) (10/24/13) "Simply put, Prophecy Platinum Corp.'s Wellgreen is a very large, high-potential project with a strong management team. Near current levels, the company is a Buy." fewer comments The Metals Report Interview with Byron King (10/8/13) "There are only a couple of small players outside of Africa. I like the management and early-stage work being done by Prophecy Platinum Corp. It has an intriguing project up in the Yukon north of Skagway, Alaska, which would be the company's shipping port. We won't see a mine there for several years. Meanwhile, management is doing good work revitalizing an old platinum play that operated in the 1970s and '80s. It closed for several reasons, but lack of ore was not one of them. Yukon is a mining-friendly jurisdiction, and because the Prophesy mining claims are in the rain and snow shadow of the Chugach mountain range of Alaska, it gets relatively little snowfall. It could operate year-round. You move the product across the border to the U.S. and export out of Alaska. The company has good geology and good management. It's all very doable." More > Brien Lundin, Gold Newsletter (Jefferson Financial) (9/26/13) "Prophecy Platinum Corp. announced assays from the Far East zone. . .the latest intercepts from this target have yielded significantly higher grades than the average for Wellgreen. Hole 154 cut five intervals totaling 501.2m grading 1.84 g/t platinum equivalent (0.55 g/t 3E platinum group metals, 0.26% nickel and 0.19% copper)." Jay Taylor, Gold, Energy & Tech Stocks (9/20/13) "I consider the following headline from a press release put out by Prophecy Platinum Inc. to be nothing short of phenomenal: 'Prophecy drills 352.7m of 2.62 g/t Pt eq at Wellgreen.' This is a hugely impressive intersection. . .Wellgreen should be seen as a spectacular opportunity for investors." Matthew O'Keefe, Mackie Research Capital (9/16/13) "Prophecy Platinum Corp. provided a detailed update from its 2013 field program at its 100%-owned Wellgreen Ni-Cu-PGM deposit located in the Yukon Territory, Canada. . .the impact is positive; there has been some good work. . .work to date shows the new team is focused on understanding the true extent and potential of the Wellgreen deposit and is quite optimistic on all fronts." The Metals Report Interview with David Franklin (9/10/13) "At Sprott, we like Prophecy Platinum Corp. It is located in Canada, which is a much safer jurisdiction than South Africa. It is exploring a deposit that had previously been mined by several other companies. The deposit contains very high concentrations of nickel, platinum and palladium. Prophecy has a shot at turning that project into a good mine." More > Jay Taylor, Gold, Energy & Tech Stocks (8/30/13) "Once I woke up to the fact that Prophecy Platinum Corp.'s Wellgreen project in the Yukon was a far superior project in a pro-mining province within a country that had far less political risk than the African countries Ivanplats Ltd. was operating in, I had to place Prophecy Platinum back on my list. . .I never lost sight of the fact that the Wellgreen Deposit was a world-class target. . .it was after I sat down with [management team head Gregg Johnson] at a gold mining conference that I realized what a gem the Wellgreen project is, now that Prophecy Platinum has the skill set needed to advance it." Jeb Handwerger, Gold Stock Trades (8/22/13) "For juniors, I believe one of the best asset and management teams is Prophecy Platinum Ltd. . .the company has made a huge transformation with a new management team that has a track record of successes in PGMs and mining in the Yukon. . .its insider buying gives investors such as myself a vote of confidence in the project." Brien Lundin, Gold Newsletter (Jefferson Financial) (7/29/13) "Given the difficulty that all companies of Prophecy Platinum Corp.'s size and stage of development are experiencing, I think its 2013 program seems both prudent and cost-effective." Chen Lin, What Is Chen Buying? What Is Chen Selling? (7/22/13) "Prophecy Platinum Corp. is too cheap right now. . .I retook an initial position in the company. I am impressed with its new management." Matthew O'Keefe, Mackie Research Capital (7/18/13) "Prophecy Platinum Corp. announced the commencement of the 2013 field program at its 100%-owned Wellgreen Ni-Cu-PGM deposit located in the Yukon Territory, Canada. Field activities, metallurgical test work and engineering work commenced in June with the comprehensive re-logging and re-sampling of up to 12,000m of historic drill hole cores across the main Wellgreen deposit, ~75% of which have never been tested. . .we maintain our Speculative Buy rating." Jeb Handwerger, Gold Stock Trades (7/3/13) "Keep a close eye on top platinum/palladium projects in North America such as Prophecy Platinum Corp., which just completed close to a $6M financing. . .this capital will help advance Prophecy's major platinum and palladium development projects in stable Canada. . .investors should focus on high quality assets with strong management teams and shareholder support that is advancing PGM development like Prophecy Platinum." Matthew O'Keefe, Mackie Research Capital (6/21/13) "A private placement has put Prophecy Platinum Corp. back in action: The company has completed a $5.9M equity financing in a private placement. The funds will allow it to continue work on its 100%-owned Wellgreen Ni-Cu-PGM deposit located in the Yukon Territory, Canada. . .we continue to like the Wellgreen project, but Prophecy's risk profile remains high." The Gold Report Interview with Jay Taylor (6/17/13) TGR: You said that Prophecy Platinum Corp.'s story 'stood out head and shoulders above the rest.' What is it about Prophecy's Wellgreen platinum group metals and nickel-copper project in the Yukon that so impresses you? Jay Taylor: A whole lot of factors. I visited the project a couple of years ago before Prophecy brought on Greg Johnson, and I've always believed that it was perhaps one of the greatest PGM projects in the world. I didn't feel at that time that the company had the management in place to really pull it off. A project of this scale is going to require a massive amount of technical talent. [CEO] Greg [Johnson] was a co-founder of NOVAGOLD and also worked with South American Silver Corp. After Johnson came on, John Sagman was added to the team. He was with Xstrata Plc and also with Vale S.A., handling the nickel and platinum group metals operations. I think Sagman and Johnson form a management team core that can actually get it done. Wellgreen's scale, size and dimensions of mineralization and the grades of the platinum group metals are remarkable. We're looking at widths and thicknesses that exceed anything that Ivanplats Ltd. and the other companies in South Africa have. The big question here has to do with metallurgy. This is a deposit of 7 Moz platinum group metals plus gold, 2 Blb nickel, 2 Blb copper and the exploration potential is absolutely enormous. But can Prophecy get enough of the metals out? Can it be optimized to the point where the deposit is economic? I think with Prophecy's new management team the answer to those questions is most likely yes. More > The Gold Report Interview with Brien Lundin (6/12/13) "I cover Prophecy Platinum Corp. Where else in the world do you have a high-grade, bulk mineable, platinum-palladium project? There isn't one, especially in a geopolitically reliable region. Wellgreen is an extraordinary project; plus, platinum and palladium have positive fundamentals that are tremendously powerful right now. The key to that project is that the PEA that came out was good and was economic. However, the size of the project assumed in the PEA presented challenges. It was neither small and quick to production nor large enough to bring long-term production forward. It was right in the middle and showed a mine life of 37 years. For Wellgreen to work best, it needs to be either much larger or significantly smaller than what the PEA showed. In this market, I think it needs to rework that plan to show it as a smaller project with lower capital expense and, therefore, a much higher rate of return. With that said, it's still very large and still has the potential to grow significantly with this season's drill targets. The deposit has a lot of allure for a major company. " More > Jay Taylor, Gold, Energy & Tech Stocks (5/31/13) "Prophecy Platinum Corp. is a story that stood out head and shoulders above the rest. Unless I'm missing something, this is the best evolving platinum group metal (PGM) project on the face of the earth. . .Wellgreen's exploration upside is beyond remarkable. . .management is seasoned with experience not only in discovery and advancing projects with a specific expertise in the PGMs and the Yukon, but it has also been able to raise money, which is an absolute key to this success of a junior company. " Jeb Handwerger, Gold Stock Trades (4/30/13) "Prophecy Platinum Corp. controls one of the largest undeveloped platinum group metal (PGM) projects in the world. Its Wellgreen deposit could be one day the third-largest producer of PGMs in North America. . .the company's exposure to platinum and palladium, which could be in a supply deficit this year, is a big advantage in a tough resource market. There are very few companies with top-notch, undeveloped projects." The Gold Report Interview with Jeb Handwerger (4/1/13) "A platinum company I've been watching is Prophecy Platinum Corp., which is developing the Wellgreen deposit in the Yukon. The company could be a potential supplier of PGMs to North America. . .Prophecy has a proven management team that has raised hundreds of millions of dollars during difficult junior markets. The company's recent impressive exploration success should create increased interest. . .Prophecy's deposits are world class, one of the top five in the world. Very few companies have these sorts of advanced deposits. . .Prophecy has a new chief executive officer, Greg Johnson, who founded NOVAGOLD and raised more than $650M in his career. It has John Sagman, who is the cold-weather mining expert. The people who have come on board believe in the asset and believe this is going to get to production." More > Richard Russell, GoldSeek.com (3/27/13) "Prophecy Platinum Corp. has enormous upside potential with low risk at the Yukon's emerging Wellgreen PGM Ni-Cu district, and beyond. . .the company currently has a market cap of about $55M, since it is trading around CA$0.80/share and has 68.8M shares issued and outstanding. Prophecy also has approximately 82.6M shares fully diluted, no debt, and about $1M of working capital. . .the company provides investors with low-risk exposure to Canadian PGM Ni-Cu projects that have tremendous upside from district scale exploration and development at Wellgreen, plus near-term production potential at its fully permitted Shakespeare mine." Andrew Mikitchook, GMP Securities (3/18/13) "Wellgreen, Prophecy Platinum Corp.'s flagship property in the Yukon, is a unique asset due to its premium jurisdiction and significant size of over 11 Moz of 3E PGEs. A positive PEA (June 2012) suggests significant economic potential for Wellgreen. . .the company has strengthened its management. . .and added a COO with Yukon-specific mine-building and operating experience to the team. . .we are initiating coverage with a Buy rating and $2 target." Jeb Handwerger, Gold Stock Trades (3/13/13) "One company that has a proven management team that has raised hundreds of millions of dollars is Prophecy Platinum Corp., which controls the world-class Wellgreen deposit in the mining-friendly Yukon. Surprisingly, it is still trading at multiyear lows as the many investors are completely unaware of this undervalued situation. . .Wellgreen has recently shown some impressive exploration success." The Metals Report Interview with Jeb Handwerger (2/26/13) "North American PGM miners are an alternative to South African miners. The most prominent miners in North American include Prophecy Platinum Corp., which has the Wellgreen project in the Yukon. Prophecy is interesting because a new management team has come aboard with mine-building and financing experience to take this project to the next level. The company could be a supplier of PGMs to the North American market. . . The new CEO, Greg Johnson, has a huge amount of experience. He was a co-founder of NovaGold Resources Inc. (NG:TSX; NG:NYSE.A). Given the supply-demand fundamentals, there is going to be a time, and the time is coming soon, where these deposits become extremely valuable." More > Pope & Company Morning Notes (2/5/13) "Prophecy Platinum Corp. announced the final results of its $6.5M, 11,000m 2012 exploration drill program at the Wellgreen platinum group metals (PGM)-nickel-copper project. . .14 of 15 drill holes, from across ~2 km of the existing mineral resource area, intercepted significant mineralized widths, including two of the best intercepts drilled at the Wellgreen project to date. . .based on the PEA and no problems in permitting, the project looks interesting in the current PGM market." Matthew O'Keefe, Mackie Research Capital (11/23/12) "Prophecy Platinum Corp.'s Wellgreen project has potential for annual payable metal production of 48.6 Mlb of nickel, 54.1 Mlb of copper and 184 Koz of Pt+Pd+Au annually. . .with a new, high quality management team, we expect Prophecy Platinum to turn its attention to raising the ~$25M (or parts thereof) needed to work toward the goal of delivering a prefeasibility study over the next 18-24 months. . .we continue to like the company for its world-class Wellgreen deposit, which is easily accessible, in a top jurisdiction, and has good potential to develop into a robust and significant producer of nickel, copper and PGMs." Jeb Handwerger, Gold Stock Trades (11/13/12) "Prophecy Platinum Corp. is making rapid progress and has strengthened its management team this November to move forward to production, with the hiring of Greg Johnson as CEO, John Sagman as chief operating officer, Jeff Mason as chief financial officer and Samir Patel as corporate secretary. . .this is a major achievement for the company to attract this type of management talent with proven experience. It now may have the capability to build and successfully operate the next major nickel-platinum group metals company in North America." Matthew O'Keefe, Mackie Research Capital (11/6/12) "Prophecy Platinum Corp. announced the appointment of Jeffrey Mason as chief financial officer and Samir Devendra Patel as corporate secretary. . .with a brand new management team, we expect the company to turn its attention to raising the $25–30M (or parts thereof) needed to work towards the goal of delivering a prefeasibility study over the next 18–24 months. . .we continue to like Prophecy for its world-class Wellgreen deposit, which is easily accessible, in a top jurisdiction and has good potential to develop into a robust and significant producer of nickel, copper and platinum group metals." Matthew O'Keefe, Mackie Research Capital (11/5/12) "The appointment of Greg Johnson as president and CEO of Prophecy Platinum Corp. marks the key senior management addition. . .we have worked with Mr. Johnson previously when he was CEO at South American Silver Corp. and found him to be technically strong and forward thinking. . .we continue to like Prophecy for its world-class, easily accessible Wellgreen deposit in a top jurisdiction and with good potential to develop into a robust and significant producer of nickel, copper and platinum group metals." Matthew O'Keefe, Mackie Research Capital (11/1/12) "Prophecy Platinum Corp. announced the appointment of John Sagman, P.Eng., as senior vice president and chief operating officer. Mr. Sagman is a professional engineer with over 30 years of mining experience. . .the appointment of John Sagman as COO puts a great depth of technical experience in the c-suite, complimenting the recent addition of Neil Froc as project manager. . .A recent technical discussion with Neil Froc gave us confidence that Mr. Lee is attracting the right talent and that this growing team is devising the right plan to further advance and derisk the Wellgreen project in an efficient and effective manner. . .We continue to like Prophecy for its world-class Wellgreen deposit." Eric Winmill, Casimir Capital (10/24/12) "Prophecy Platinum Corp. recently released metallurgical results from Wellgreen indicating the ability to produce separate concentrates for copper and nickel. . .the company is currently completing a prefeasibility study, to be released in 2014. . .we maintain our Speculative Buy rating and our positive view on the project, in light of the world-class size, high relative platinum group metal grades and the favorable jurisdiction." Jeb Handwerger, Gold Stock Trades (10/16/12) "Prophecy Platinum Corp. may control one of the top five nickel-copper-platinum deposits in the world with one of the lowest cash costs in the mining-friendly Yukon. . .the company is currently progressing the Wellgreen project to the prefeasibility stage and may be a takeout target of one of the large South African platinum producers. . .with a current market cap of just below $80M, Prophecy Platinum is trading for literally pennies on the dollar. . .should the price of platinum continue to outperform gold, then this unique platinum junior miner could soar exponentially." The Gold Report Interview with Matthew O'Keefe (10/12/12) "Prophecy Platinum Corp. is a North America-based company with a copper-nickel-platinum-palladium discovery in the Yukon. Originally, it was a high-grade, small resource that had been around for a while. Prophecy took a new look at the drill data, and updated the resource to include a larger halo of "disseminated mineralization," which is lower grade, but large and continuous. This year, the Prophecy completed a PEA, which shows a very robust project potential. It's still in the early days, but potential PGM production is a couple hundred thousand ounces a year, which is a sizable supply. It is continuing to explore and develop that deposit." More > Brien Lundin, Gold Newsletter (Jefferson Financial) (10/8/12) "Prophecy Platinum Corp. has reported more assays from its ongoing surface and underground drilling programs at Wellgreen. . .the best intersection of this latest bunch came from hole 541, an underground hole that cut 268m of 0.52% nickel equivalent material. . .based on the production profile outlined in the company's PEA for Wellgreen, this project qualifies as one of the world's largest undeveloped nickel sulphide deposits." Matthew Zylstra, Northern Securities (9/26/12) "We continue to rate Prophecy Platinum Corp. a Buy and have adjusted our 12-month target price to $3.80 per share. . .we see upside to our target price based on improvements to the Wellgreen project, including identifying higher grade zones that could be targeted earlier on to accelerate project payback; addition of other PGE metal data to the resource; use of cheaper sources of energy; increasing the plant size to be able to handle a greater volume; incorporating the Platsol process." The Gold Report Interview with Brien Lundin (9/26/12) "Prophecy Platinum Corp.'s big mover is the Wellgreen project in the Yukon. It's a polymetallic project: platinum, palladium, gold, nickel and some of the rare and valuable platinum metals. It does not yet have good assays on the higher-end platinum metals, but they are there. Prophecy acquired this large project thanks to the vision of its CEO John Lee. He saw that there were two significant deposits as yet unconnected by drilling. He realized that extending them to depth and connecting them would result in a world-class resource. He systematically drilled it off and proved the theory. Its next stage is a prefeasibility study. That would be the next trigger point in showing the market greater value." More > Matthew O'Keefe, The Morning Call (9/25/12) "Prophecy Platinum Corp. announced results from five surface and four underground drill holes from the company's 2012 drill program at its Wellgreen Ni-Cu-PGE project in the Yukon. . .results remain consistent with the previously released 2012 results from the East zone and were consistent with generally long intersections ranging from 75.59m to 268.22m, and grades in-line with current resource grades in the central part of the Eastern zone. . .we continue to like Prophecy for its world-class Wellgreen deposit which is easily accessible, in a top jurisdiction, and has good potential to develop into a robust and significant producer of PGMs, gold, copper and nickel." Matthew O'Keefe, Mackie Research Capital (8/16/12) "Prophecy Platinum Corp. announced results from five additional holes drilled from the historic underground workings in the Central East zone of its Wellgreen nickel-copper-platinum group elements project. . .results to date appear to support the objective of improving the resource both in quality and potentially size. . .we continue to like the company for its world-class Wellgreen deposit that is easily accessible, in a top jurisdiction and has good potential to develop into a robust and significant producer. . .the stock is compelling at these levels." Matthew O'Keefe, Mackie Research Capital (8/10/12) "Prophecy Platinum Corp. announced the results of ongoing metallurgical testing for the company's 100% owned Wellgreen Ni-Cu-PGE project in the Yukon. Metallurgical test work completed indicates separate nickel-PGE-cobalt concentrates grading up to 12.9% nickel and copper-PGE-gold concentrates grading up to 23.2% copper can be produced. . .these are the first results that clearly demonstrate the ability to produce separate Ni-PGE-Co and Cu-PGE-Au concentrates from the Wellgreen deposit. . . it is a big step as the ability to produce split concentrates helps in derisking the project. . .we continue to like Prophecy Platinum for its world-class Wellgreen deposit." Jay Taylor, Hotline (8/3/12) "Prophecy Platinum Corp., at its Wellgreen project, has a July 2011, NI 43-101 compliant 289 Mt Inferred resource with grades 0.38% Ni, 0.35% Cu and 1.18 g/t platinum group metals (PGM) plus Au and 14 Mt Indicated resource at 0.69% Ni, 0.62% Cu and 2.25 g/t PGM plus Au. No doubt the ultimate size of this could be much larger than that but this is already a world class-size asset." Matthew O'Keefe, Mackie Research Capital (8/1/12) "Prophecy Platinum Corp. announced it had closed a placement for aggregate gross proceeds of $7.25M. . .the company plans to use the proceeds of the private placement to advance its Wellgreen property toward prefeasibility, in addition to funding the ongoing infill drilling and exploration drilling outside of the resource boundaries. . .we continue to recommend Prophecy Platinum." Chen Lin, What Is Chen Buying? What Is Chen Selling? (7/31/12) "Prophecy Platinum Corp. was holding quite well compared with other juniors until recently. I am still impressed by the company's size of assets and plan to hold it here." Brien Lundin, Gold Newsletter (Jefferson Financial) (7/25/12) "Prophecy Platinum Corp. continues to generate good results from the underground drilling program at its Wellgreen platinum group metals-nickel-copper project. . .in other news, the company has completed the business combination with Ursa Major Minerals Inc. that it first announced this past March. The absorption of Ursa Major adds the Shakespeare platinum group metals-nickel-copper mine to Prophecy's growing and highly prospective portfolio." Brien Lundin, Gold Newsletter (Jefferson Financial) (6/28/12) "We already knew Prophecy Platinum Corp.'s Wellgreen platinum group metals-nickel project was big, but recent developments indicate it could become bigger and richer than anyone had imagined. . .a just-released PEA on Wellgreen projects a net present value (NPV) (discounted at 8%) of $3B and a pretax internal rate of return of 38%. Those are heady numbers, with the NPV figure arguing for a more than 20-fold increase on the company's current market cap. . .the positive results from the PEA, combined with all this exploration activity, make this company one of the most high-potential picks on our list." Matthew O'Keefe, Mackie Research Capital (6/26/12) "Prophecy Platinum Corp. announced it had arranged a nonbrokered private placement of 5M units at a price of $2.25/share for aggregate gross proceeds of $11.25M, replacing the original $20M deal. . .the company plans to use the proceeds of the private placement to advance its Wellgreen property towards prefeasibility, in addition to funding the ongoing infill drilling and exploration drilling outside of the resource boundaries. . .we continue to recommend Prophecy Platinum with a Speculative Buy rating for the excellent nickel-copper-platinum group metals asset at Wellgreen." Natasha Odendaal, Mining Weekly (6/25/12) "Prophecy Platinum Corp. on Monday said it would downsize the share offering announced last week, in an effort to minimize dilution. . .the company has now cancelled the $20M brokered private placement of special warrants, which it unveiled on Thursday, and announced a new $11.25M nonbrokered placement of 5M units at $2.25/share. Prophecy Platinum would use the proceeds of the placement to advance its flagship Wellgreen property, in Yukon, towards prefeasibility, as well as for exploration on the balance of the projects in its mineral portfolio." Henry Lazenby, Mining Weekly (6/22/12) "Platinum junior Prophecy Platinum Corp. on Thursday announced a $20M brokered private placement to advance its Wellgreen property to prefeasibility phase and fund exploration on the balance of the projects in its mineral portfolio; the placement is priced at $2.25 a special warrant and flow-through special warrants at $2.50. CEO John Lee said earlier in June, the PEA of the Wellgreen project, in Yukon, established a net present value of about $3B." Pope & Company Morning Notes (6/19/12) "Prophecy Platinum Corp. announced the results of a PEA for its Wellgreen nickel-copper-platinum group metals project. . .the project is expected to produce (in concentrate) 1.959 Blb nickel, 2.058 Blb copper and 7.119 Moz platinum+palladium+gold over a 37-year mine life with an average strip ratio of 2.57." Morning Coffee (6/19/12) "Shares of Prophecy Platinum Corp. jumped after the company reported a PEA for its Wellgreen nickel-copper-platiunum group metal project located in the Yukon. . .the project is expected to produce 1.959 Blb nickel, 2,058 Blb copper and 7.119 Moz platinum-palladium-gold over a 37-year mine life. Highlights include a payback period of 3.55 years and initial capex of $863M. The internal rate of return for the project is expected to be 38%." Matthew Zylstra, Northern Securities (6/18/12) "Prophecy Platinum Corp.'s economic study showed that Wellgreen is a viable project, returning a net present value and internal rate of return that were much higher than our estimates. . .we believe the economics of Wellgreen will improve further with a split concentrate, resource expansion, recovery of other high value platinum group element metals and cheaper options for power: We continue to rate the company a Buy with a 12-month target of $6/share." Matthew O'Keefe, Mackie Research Capital (6/18/12) "Prophecy Platinum Corp. announced results from its PEA for its 100%-owned Wellgreen Ni-Cu-PGM project. . .the PEA is a significant derisking event demonstrating a solid base case for the Wellgreen deposit. We maintain our Speculative Buy rating and increase our target to $8.00 from $7.50 per share." The Gold Report Interview with Ron Hera (6/6/12) "Prophecy Platinum Corp. is not a very expensive stock right now. I think it's a good story." More > Proactive Investors (6/5/12) "Prophecy Platinum Corp. unveiled results of its 2012 underground drill program from its Wellgreen platinum group metals-nickel-copper project. . .hole WU12-533 returned 10.4m of 0.98% copper, 1.18 g/t platinum + palladium + gold and 0.24% nickel or 2.54% copper equivalent." Matthew O'Keefe, Mackie Research Capital (6/5/12) "Prophecy Platinum Corp. is a good story and good value: The ongoing underground drill program and soon-to-start surface program should continue to improve confidence in the resource at Wellgreen and provides good potential to increase its size. . .the PEA expected this month should be a significant derisking event, paving the way for further project financing. We continue to like the company for its world-class Wellgreen deposit, which is easily accessible, in a top jurisdiction and has good potential to develop into a robust and significant producer of platinum group metals, gold, copper and nickel." Greg Klein, Resource Clips (5/28/12) "Prophecy Platinum Corp. is developing one of the world's largest undeveloped resources of nickel-copper-platinum group elements toward PEA and prefeasibility. . .the company has just released 90 additional assays from a 2011 hole that show an average 28% increase in the full spectrum of six platinum group elements." Joyanta Acharjee, Proactive Investors (5/25/12) "Prophecy Platinum Corp. provided results of a full spectrum analysis of platinum group elements (PGE) on the first batch of samples from its 100%-owned Wellgreen project, located in the Yukon. . .the company said that adding rhodium, ruthenium, osmium and iridium to platinum and palladium increased the total PGE content by an average of 28%." Brien Lundin, Gold Newsletter (Jefferson Financial) (5/14/12) "I recommend picking up some obvious bargains at the current levels. Such bargains include Prophecy Platinum Corp." The Energy Report Interview with Chen Lin (5/3/12) "I am also holding Prophecy Platinum Corp. . .insiders participated in the recent private placement at much higher rates than the current stock price. I believe the stock offers good values." More > James West, Midas Letter (4/9/12) "Prophecy Platinum Corp. has held up well amid the risk aversion that has been plaguing markets in the last few weeks. . .results from the first drilling should be hitting the market soon, and it's the kind of deposit that can yield some big surprises. . .it is my opinion portfolios that build exposure to platinum group metals through acquisition of shares in the company will be rewarded for patience and foresight. . .all in all, you still can't go wrong owning Prophecy, especially at this level." The Gold Report Interview with Scott Jobin-Bevans (3/16/12) "The sustained price in platinum, and now palladium, is great for the industry. . .Prophecy Platinum Corp. is working on a project in the Yukon and on projects in northern Manitoba." More > The Critical Metals Report Interview with Terence van der Hout (3/6/12) "We've looked briefly at Prophecy Platinum Corp., which is based in the Yukon. It holds a fairly large deposit of decent-grade platinum along with palladium and rhodium. It has a PEA coming out soon. Should the ANC continue with its intentions of nationalizing platinum, we would be very interested in companies like Prophecy moving forward. . .[its] copper is a very nice asset, which would bring down the production and cash costs." More > The Energy Report Interview with Chen Lin (2/28/12) "I am also holding Prophecy Coal Corp. and Prophecy Platinum Corp. Both stocks are rising this year. I like Prophecy Coal as it is getting close to a contract with Mongolia's government. That will lead to financing and construction of the power plant. Prophecy Platinum should have its preliminary economic assessment very soon, so investors can get a peek of the project's huge potential." More > The Energy Report Interview with James West (2/23/12) "Prophecy Coal Corp. owns 42% of Prophecy Platinum Corp. Prophecy Platinum is a very liquid stock, last trading at more than $4. Basically, Prophecy Coal's entire market-cap value is in Prophecy Platinum shares. It is as if the power plant and the coal operation are a bonus for investors." More > The Gold Report Interview with James West (2/22/12) "Prophecy shares equal billing at the top in terms of current and future value. Prophecy just started a 20,000m drill program at its Wellgreen deposit in the Yukon, where it can drill through the winter on 4 km of historic underground drifts from when Hudbay had the mine in production back in the 1970s. It has an 11 Moz resource of combined platinum, gold, copper and nickel on a portion of the strike that would constitute less than 10% of the whole geophysical signature. This has a very high potential to produce many millions of ounces of combined gold and platinum group metals (PGMs). Obviously, 20,000m of drilling starting underground will mean a lot of infill drilling, which will simply add to the quality of the resource. The real excitement will begin when it starts step-out drilling after the snow melt. That will be at least 1km from the existing resource. If Prophecy hits the same mineralization to depth in 2012, it will be massive." More > The Gold Report Interview with Matthew Zylstra (1/30/12) "We're excited about the potential of Prophecy Platinum Corp. Prophecy has the Wellgreen deposit in the Yukon, which contains 12 Moz of combined PGMs and gold plus 2.4 Blb nickel and 2.2 Blb copper. The in-situ value is around $50B and we think a preliminary economic assessment due out in Q112 will show some strong economics for an optimized open pit. The company is carrying out other work to derisk the project, including metallurgical studies and additional infill drilling for which we'll start seeing results early this year." More >