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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 cupricityon Mar 11, 2016 11:41am
145 Views
Post# 24648197

RE:RE:On the bright side

RE:RE:On the bright sideNotes,


   I don't think the 10 million is anywhere close to gone, they are burning about 10 million a year and they had 3.5 million at the end of September before they closed the last 10 million.  If you go to Sedar it's all there in the MD&A.   With the warrants in this newest financing included along with the estimated 17 million we have 12 million from the placement and 16 million from warrants for 31 million which would get us through the next 3 years.

   These guys won't be building this mine as it will get bought by a super major as it is the kind of deposit that is exceedingly rare and wonderful.  Managements collapse to sell this many shares is a major diapointment but there is still huge upside and there is no chance they will be going for money for a long time so the vultures are gone.  The should have done this at 70 cents a long time ago or 2 dollars so they could ride out the storm.  But hindsights 20/20.  Also I think there is twice the deposit (40 million ounces) in this elephant so if that was true and we showed that with some more drilling than we would get our money back in spades.

  Hope that helps.
Bullboard Posts