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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

Comment by Heywood_Silverson Dec 12, 2024 5:40pm
48 Views
Post# 36359947

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yukon Grid Projected Funded

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yukon Grid Projected FundedNo need to defend NCP, it is glaringly obvious that they have been hammered due to poor sentiment associated with the weakened prices of nickel and PGMs over the last couple of years.  As long as you understand that commodities have cycles and we are at the bottom of this one.

Now, I get you are upset with the recent share rollback, but you have three choices:

1) stand pat and do nothing (other than maybe complain)
2) cut your losses and move on
3) average down your cost basis and improve your positioning for when the cycles turn in our favor

Share rollbacks are actually quite common within the junior resource stock sector for juniors that have been around a decade or longer.  Nah, no need to defend, I just point out the simple fact that you are able to buy $4.18 worth of equity in this company at over a 90% discount.  Reminds me of when I get into stock discussions with co-workers and they start to let their subjectivity creep in, I simply remind them, "It's just math".

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