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Message: NKL ... Interesting Report ... Is it Time to Buy as Stock Price looks good?
#1 Analyst recommends
Matthew O'Keefe is managing director, mining research at Mackie Research Capital Corporation. O'Keefe was recently selected as the #1 mining analyst in the Wall Street Journal's 2010 'Best on the Street' survey. O'Keefe has 11 years of investment experience, and began his career as an exploration geologist with a number of major and junior mining companies, spending five years in the field before becoming a mining specialist for Griffiths McBurney & Partners. Most recently, O'Keefe was a mining analyst with Cormark Securities. O'Keefe received a Bachelor of Science in geology from the University of Toronto, a Master of Science in Geology from Queen's University in Kingston and an MBA from the Richard Ivey School of Business at the University of Western Ontario.
Investment firm Mackie Research has updated coverage on Prophecy Platinum, which trades on the TSX Venture Exchange, under the symbol “NKL”. (also OTCQX:PNIKF) Following the announcement that the company had completed a $5.9 million private placement, analyst Matt O’Keefe re-iterated his speculative buy rating, maintaining his $3.00 price target, a healthy premium of 362% to the $0.65 price
http://www.investmentpitch.com/video/0_486hyj4t/
This massive deposit has continuous 500 meters of platinum and palladium and room to possibly double in depth and width. Wellgreen is located just of the Alaskan highway , in the Yukon, with access to 2 sea ports for the finished products. Greg Johnson, CEO, has taken multiple deposits from infancy to maturation raising hundreds of millions of dollars and making then billion dollar companies. You can see his resume here, as well as company info and contacts:
http://prophecyplat.com/
This company will have production costs at the low end with open pit mining methods and modern technology compared to the South African mines. Those mines produce Platinum at about 1700 dollars and are barely breaking even, this mine will produce it for 800 dollars, a substantial money maker. The past fund raising was done at a 12% premium to market...with management participation...to update M & I and metalurgical testing.
Being in the Yukon, a mining friendly jusistiction, hiring locally, and already have an established relationship with the First Nations Group, Prophecy Platinum has a bright future to becoming a world class mine in just a few short years.
http://www.investmentpitch.com/video/0_486hyj4t/
This massive deposit has continuous 500 meters of platinum and palladium and room to possibly double in depth and width. Wellgreen is located just of the Alaskan highway , in the Yukon, with access to 2 sea ports for the finished products. Greg Johnson, CEO, has taken multiple deposits from infancy to maturation raising hundreds of millions of dollars and making then billion dollar companies. You can see his resume here, as well as company info and contacts:
http://prophecyplat.com/
This company will have production costs at the low end with open pit mining methods and modern technology compared to the South African mines. Those mines produce Platinum at about 1700 dollars and are barely breaking even, this mine will produce it for 800 dollars, a substantial money maker. The past fund raising was done at a 12% premium to market...with management participation...to update M & I and metalurgical testing.
Being in the Yukon, a mining friendly jusistiction, hiring locally, and already have an established relationship with the First Nations Group, Prophecy Platinum has a bright future to becoming a world class mine in just a few short years.
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