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Bullboard - Stock Discussion Forum 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... see more

TSX:NCP - Post Discussion

Nickel Creek Platinum Corp > is the bid always this massive?
View:
Post by Tdubbbs on Jan 03, 2024 3:23pm

is the bid always this massive?

??
Comment by Matt666777 on Jan 03, 2024 6:55pm
Nope, something is going on behind the scenes. Whether it's 100% positive or not, time will answer that.
Comment by Heywood_Silvers on Jan 03, 2024 7:51pm
The 1 cent bid is massive because the spread (1/2 cent increments on the TSX) is 50% higher than the bid.  If you check the trade history, almost all recent trades are at the ask (buys) with little to no activity at the bid (sells).  The huge disparity represents large demand for cheap shares which can be instantly flipped for a 50% profit by the market makers. Problem for the market ...more  
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