Wellgreen Platinum Ltd.

NKL:CA 1.05 -0.07 Today 5d 1m 3m 1y 5y 10y

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Last:	Last 1.05
Change:	-0.07	Change(%):	-6.25%
Volume:	Volume 99.17 k	Open:	Open 1.07
High:	High 1.09	Low:	Low 1.03
52Wk High:	52 Week High 4.30	52Wk High:	52 Week High 4.30

Experts Commenting on This Company

• Jeb Handwerger
• Ron Hera
• Scott Jobin-Bevans
• Chen Lin
• Brien Lundin
• Matthew O'Keefe
• Terence van der Hout
• James West
• Matthew Zylstra

Prophecy Platinum Corp. TICKER: NKL:TSX.V; PNIKF:OTCPK; P94P:FSE Visit Company Website Prophecy Platinum Corp. is a mineral exploration company focused on developing platinum group metals (PGM) and nickel sulphide projects. In 2011, Prophecy obtained a new mineral resource estimate for its flagship Wellgreen property that exceeded 1.04 Moz PGM+ Au Indicated … read moreand 11 Moz Inferred. The deposit also contains an Inferred 2.4 Blb nickel and 2.2 Blb copper. Prophecy's additional holdings include the Lynn Lake Nickel Copper project in Manitoba, the Las Aguilas Nickel PGM deposit in Argentina and five prospective claims in Uruguay. In June 2011, Prophecy Platinum was spun off from Prophecy Coal Corp., which currently owns 22.5M shares (approx. 42%) of Prophecy Platinum. hide

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Eric Winmill, Casimir Capital (10/24/12) "Prophecy Platinum Corp. recently released metallurgical results from Wellgreen indicating the ability to produce separate concentrates for copper and nickel. . .the company is currently completing a prefeasibility study, to be released in 2014. . .we maintain our Speculative Buy rating and our positive view on the project, in light of the world-class size, high relative platinum group metal grades and the favorable jurisdiction."

Jeb Handwerger, Gold Stock Trades(10/16/12) "Prophecy Platinum Corp. may control one of the top five nickel-copper-platinum deposits in the world with one of the lowest cash costs in the mining-friendly Yukon. . .the company is currently progressing the Wellgreen project to the prefeasibility stage and may be a takeout target of one of the large South African platinum producers. . .with a current market cap of just below $80M, Prophecy Platinum is trading for literally pennies on the dollar. . .should the price of platinum continue to outperform gold, then this unique platinum junior miner could soar exponentially."

The Gold Report Interview with Matthew O'Keefe (10/12/12) "Prophecy Platinum Corp. is a North America-based company with a copper-nickel-platinum-palladium discovery in the Yukon. Originally, it was a high-grade, small resource that had been around for a while. Prophecy took a new look at the drill data, and updated the resource to include a larger halo of "disseminated mineralization," which is lower grade, but large and continuous. This year, the Prophecy completed a PEA, which shows a very robust project potential. It's still in the early days, but potential PGM production is a couple hundred thousand ounces a year, which is a sizable supply. It is continuing to explore and develop that deposit."More >

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/8/12) "Prophecy Platinum Corp. has reported more assays from its ongoing surface and underground drilling programs at Wellgreen. . .the best intersection of this latest bunch came from hole 541, an underground hole that cut 268m of 0.52% nickel equivalent material. . .based on the production profile outlined in the company's PEA for Wellgreen, this project qualifies as one of the world's largest undeveloped nickel sulphide deposits."

The Gold Report Interview with Brien Lundin (9/26/12) "Prophecy Platinum Corp.'s big mover is the Wellgreen project in the Yukon. It's a polymetallic project: platinum, palladium, gold, nickel and some of the rare and valuable platinum metals. It does not yet have good assays on the higher-end platinum metals, but they are there. Prophecy acquired this large project thanks to the vision of its CEO John Lee. He saw that there were two significant deposits as yet unconnected by drilling. He realized that extending them to depth and connecting them would result in a world-class resource. He systematically drilled it off and proved the theory. Its next stage is a prefeasibility study. That would be the next trigger point in showing the market greater value."More >

• View an Article by Leo Liu, "Platinum: Fragility of Supply Highlights Need for Global Diversification."
• Read Platinum: Rich Man's Gold
• Read Platinum: A Win-Win