Nickel Creek Platinum Corp T.NCP

New Press Release - Nickel Creek Platinum Announces Results of 2024 Annual General and Special Meeting

OAKVILLE, ON, June 25, 2024 /PRNewswire/ - Nickel Creek Platinum Corp. (TSX: NCP) ("Nickel Creek" or the "Company") is pleased to announce the results of its annual general and special meeting of shareholders (the "AGM") that was held on June 25, 2024.All of the following business items were...read article.

[Odinson]

Consolidation at 200 to 1 ......... So they voted to scr3w over the little guy once again! These "junior" plays are more slimy by the day!!!!

[Heywood_Silvers]

The 200:1 is extreme end of the range of consolidation possibilities.  Juniors tend towards the range of about 30 to 50 million shares outstanding after any consolidation.  I would say a 1:10 or a 1:20 would be plenty enough to get us into the "proper" shares outstanding range. Anything beyond a 1:40 would decrease the outstanding share count so much as it would defeat one of

[buyplatinum]

Heywood, I agree that the split should be mild but why approve a foolish number like 1 for 200 if it's not going to be large. I can't imagine such but these guys are something else. I've been in some 1 for 20 splits but they didn't approve a 1 for 200. I've been here for close to 12 or 13 years and it will be a shame if they do something so stupid but they haven't done

[Odinson]

They wouldn't float the idea of a 200 to 1 if they didn't have it in the back of their minds. Often after these games are played, we all seen the price drop further. Maybe a 10 to 1 would be a better approach

[Heywood_Silvers]

Remember that 3 investment funds own about half the stock outstanding.  Two things to keep in mind here:  all investors, for the most part, have a paper loss on their current holdings & the major investors aren't here to lose money.  They have patience and will see this through to the end. The palladium play you got dutched on appears to have been a cash buyout prior to

[buyplatinum]

It's hard to understand what these people have on their minds. I hope they will hunker down and wait for metals to take off, but don't understand this vote and not carrying thru with it. With fed cutting rates soon and weakening US dollar, it sure seems pretty dumb and wrong to me. Hope I'm wrong.

[Odinson]

I got the bone and I got it dry when Brookefield took over North American Palladium. They scr3wed the little guy with a 400 to 1 I see similar cr@p happening here. I hope I'm wrong on this one, sure wasn't wrong on the Palladium play.