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Bullboard - Stock Discussion Forum Nickel Creek Platinum Corp NCPCF


Primary Symbol: T.NCP

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... see more

TSX:NCP - Post Discussion

Nickel Creek Platinum Corp > FEW COMPARISONS
View:
Post by Wangotango67 on Apr 14, 2024 6:01am

FEW COMPARISONS

2011 - mid 2015
- ug mine main focal  monies
- fixing up iside the ug mine mine  monies
- drilling new holes  monies
- relogging  monies
- tech report  monies
- pea report monies
- promotion monies
- premium 2013 assays ( restoring hidtorical holes ) monies **
- exotic reveal monies
- shares to staff - dilution monies
- stepout holes from ug mine focal  monies
'= 2015 accumilative work revamped historical high grade ug mine and stepout tonnage



- keep mine intact - open pit + mine portions of ug mine
- shallow pits  vs  johnson holes and inside bore holes run much deeper
- 2015 factored - 846 mil tonnes inferred
= keep mine intact while model with open pit ( stinky )


In this small ( inset image )
we can see the ug mine portal ( outside ) pea boundary.
open in new window zoom in
keep in mind - ug mine strkes N/W path   ( important note: for later in post )
https://live.staticflickr.com/65535/53335327436_d7de7b5e7e_c.jpg


Now, with the image of portal entry in mind - transfer to this image
Allows better birdseye view of ug mine strke path
https://live.staticflickr.com/65535/53320845588_6e26abc7b6_c.jpg




Late 2015 forward everything changed.
Shareholders are well versed by now of how many.


This next image will act the " control " for elevation
only clear image that references the elevation if expanded.
2015 forward most all images were blurred
https://live.staticflickr.com/65535/53649429855_5b1decced2_z.jpg



Let's now pull forward m " triage comparison "
  1st image we can see
- pea pit did include the ug mine
- but not the deep zones ( just kept a shallow pit )
- we know the mine portal is moreso backside of first hump mountain

  Last image ( 3rd )  ( 2023 pit )
- they did run the pit deeper ( gained more tonnage
 
  What changed ?
- sulphies a gabbs ( 2017 test later )  is absent from 3rd image
- replaced by peridotite even massive clino high grade orange zones
- replaced by waste ores ( green and grey )

the deep mass high grade runs clear under second mountain
all those high grades are now - green and grey zones

= 2023 pfs has significant waste ores
- waste ores that should be high grade ores
- waste costs are near same as mine cost

which begs ?
are 2023 waste ore tonnage costs tied to  -  high grade ores but not recognized ?
mine the high grade but label it waste ?
3rd image speaks volumes when paired with 2017 test sulphides gabbs later
even massive orange clino got converted to peridotite - course grind extraction ( hmm )

https://live.staticflickr.com/65535/53650881063_d2fb77c0b9_h.jpg



Another anomaly ?
2023 pitshell images showing 10m benches = portray shallow pit depths
versus
2023 pfs - 3rd image above portrays upto 500m pit depths with peridotite conversion.

Has wellgreen been thrown a peridotite bone with not the best extraction
and ug mine and high grade ores converted to waste and added costs of
wastes tacked on, 2023 pfs affecting value of wellgreen ?


What was the 2015 resource built upon ?
UG mine and stepouts with deep inferred tonnage - 846 million tonnes more.





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