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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 Heywood_Silverson Feb 05, 2020 9:28pm
94 Views
Post# 30648992

RE:RE:RE:RE:Question for the bulls....

RE:RE:RE:RE:Question for the bulls....I think your broker dislikes juniors in general because of their low prices.  Go into most restaurants and ask the waiter whether he would recommend the $5 glass of wine or the $20 glass of wine.  Of course he is going to say the $20 since it means a bigger tip for him!!

The only way this stock would get zeroed out is if it became leveraged, failed to meet loan repayments and had a DIP (debtor-in-possession) restructuring case.  This company has no debt and a solid base of shareholders.  Please note that the public float (aka retail) (aka you and I) is only 23% of the shares outstanding.  That is a really small amount for a junior!

The story with this stock, despite your ignorant broker, is that it will likely be bought out at some multiple of where it stands today by a senior or a developer.  OK, so maybe we don't get back to $6, but even if we "only" break a buck that represents a 16 bagger from today's prices.  Can your broker recommend many 16 baggers?  Don't say Disney, Tesla, Amazon, etal as the general stocks are SO bloated right now they will do well if they avoid future losses.
Bullboard Posts