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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
Post by HCallahann44on Feb 08, 2020 10:28pm
96 Views
Post# 30663444

Barkis - something of value

Barkis - something of valueI am offering something of value...the very analogous case of Global Minerals...this was a high grade silver deposit in the heart of Europe..Slovakia to be exact...great jurisdiction...very high grades...and even better all of the basic mining infrastructure was in place...the damn thing was fully tunneled and drilled out...nearby smelter...the communists had fully constructed the mine...then abandoned it when silver went bust. Global Minerals came in to start things up again...keep in mind...this was a fully developed mine...unlike what we have at Nickel Creek...despite these advantages...profitable production was tied to the price of silver...just like we are tied to the price of nickel and platinum....and the price of silver remained flat...Global minerals started reverse splitting and burning through cash...eventually going bust. Nothing anyone has said here has persuaded me that NC can avoid this kind of death spiral. Sprott and toqueville had positions in global...and got zeroed out....dreams of 20 baggers may keep folks interested here...but the bottom line is we have zilch cash...and are heavily dependant on the price of nickel and platinum which could well remain flat
Bullboard Posts