Post by
Heywood_Silvers on May 03, 2023 2:25pm
Picked up another 100k shares today
NCP has just gotten too cheap to ignore. This reminds me when I was picking up shares of SPA at two cents USD about 5 years before it did a moonshot to 59 cents USD.
Same thing going on here. Easy 5-10 bagger from these prices if you have a few years of patience.
They have done too much exploration and have progressed the project too far to let this thing be mothballed indefinitely. The fact that Electrum agreed to maintain their ownership % as funds were being raised to crank out a PFS is all the assurance I needed to keep adding to my shares.
The Wellgreen/Nickel Shaw project will be a mine one day and at these prices we investors can afford to be patient. The nickel is interesting, but I still have a hunch that the PGMs will make this project more lucrative than the nickel when all is said and done.
Comment by
Odinson on May 04, 2023 10:27am
Dead money for a lot of years. There are massive proven nickle deposits near elliot lake which is about an hour and a half west of Sudbury. Nothing happening there and it is only an hour and a half away from a smelter. ncp will be yeeeaaars away from producing.