Nickel Creek Platinum Corp (NCPCF)

[jjeeddoo7]

2014-09-09 19:39 ET - In the News



Lawrence Roulston, in the Aug. 26, 2014, edition of Resource Opportunities, tells readers why to buy Wellgreen Platinum Ltd., recently 70 cents. Mr. Roulston said buy on July 27, 2011, at $2.90 and on Nov. 29, 2013, at 54 cents. A $1,000 investment for each buy is now worth $1,536. Wellgreen is updating its preliminary economic assessment (PEA) of its Wellgreen platinum group metal (PGM) project in the Yukon, with results expected in September. This work follows an updated resource estimate. The Wellgreen project contains measured and indicated resources of 5.5 million ounces of platinum plus palladium plus gold (3E), with a further 13.8 million ounces of 3E inferred. As well, it hosts 1.9 billion pounds of nickel and one billion pounds of copper indicated, with another 4.4 billion pounds of nickel and 2.6 billion pounds of copper inferred. These figures make the project one of the largest PGM deposits outside South Africa or Russia. Wellgreen's next steps are to complete the updated PEA, start a prefeasibility study right after that and start a full feasibility study next year. Mr. Roulston concludes that the company is "almost certain to rise in the near term" as investors start to appreciate its "world-class" project.