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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

Post by Wangotango67on May 24, 2024 12:58pm
136 Views
Post# 36056177

SHOW ME...

SHOW ME...

Any other nickel peer with similar grades and tonnage trading above $4 / sh
Good luck...!  

200:1 using 0.02 cents = $4

Our inferred tonnage was stripped.
We have far less tonnage than other Canadian nickel peers.

The ( post hypo ) $4 share price would slide all the way back down .

Juniors reasoning ?

As of the date of this Circular, the Company had 508,461,951 Shares issued and outstanding. If the Board should determine to consolidate 200 issued and outstanding Shares into one post-Consolidation Share, the number of issued and outstanding Shares would be reduced to approximately 2,542,309 Shares, subject to rounding of Shares as described below.
Principal Benefits of a Share Consolidation. The Board believes that a Consolidation would enhance the liquidity and marketability of the Company’s Shares. Many brokers will not accept for deposit or trade shares that do not meet a specified minimum price per share, including many U.S. brokers that will not deal with shares with a price less than US$1.00 per share.

Is that really the case, no one would invest below $1 ?
Apparently not.
Electrum Hedge Fund -  seems they have no issue investing in, $0.02 cent stocks.... lol

Lots going on stateside with Hedge Funds and SEC.
https://www.bnnbloomberg.ca/hedge-funds-trading-treasuries-set-to-be-tagged-dealers-by-sec-1.2031419

https://www.bnnbloomberg.ca/hedge-funds-are-challenging-sec-s-new-short-sale-disclosure-requirements-1.2010783

https://www.bnnbloomberg.ca/hedge-funds-pe-firms-accuse-sec-of-vast-power-grab-with-new-rules-1.1993220

https://www.bnnbloomberg.ca/hedge-funds-target-catastrophic-esg-lapses-for-huge-returns-1.2019486


What do i think ?
Since the junior failed to pull pgm's from magnetite and missed the boat on exotics...

Electrum should buy open market to ----->  $010 cents.
Allow smaller investors to exit from this (     ).

Then.... roll or what ever....
2016 crew said they wanted to move this project forward ( permit, mine )
8 yrs later says it all.... so does the performance chart on  pg 12 of the circular.
Imagine if they included 2024's PP on the performance chart ? 

Our PFS ( in my opinion ) is incomplete.

Market should be asking junior to fulfill prior ( press statements )
- pgm's from magnetite
- exotics

If PFS is incomplete why should the junior be allowed to roll ?

200:1 = $4  how long would $4 last before sinking ?
Prime target for - shorting
Which means all the more loss to shareholders.
Recent PP = was it performed to secure majority control ?


I read online.... Hedge Funds love to short.
Short selling is what gave the first 'hedged fund' its name, and it continues to be used across the industry to hedge risk and generate profit from overvalued assets.
 

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