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Wellgreen Platinum Ltd.

Wellgreen Platinum Ltd. is a Canadian mining exploration and development company focused on the active advancement of its 100%-owned Wellgreen PGM-nickel-copper project toward production. Located in Canada's Yukon Territory, the company has one of the largest undeveloped PGM deposits outside southern Africa or Russia. The property is accessed by paved highway leading to year-round deep sea ports in Haines and Skagway, Alaska.

Expert Comments:

"There's been a lot of talk about Wellgreen Platinum Ltd. This project has the potential to become one of the world's largest, low-cost producers of PGMs and nickel from an open pit. It's accessible from the Alaska Highway. A recently released PEA shows that its resource has increased fivefold in less than three years." read more >

"I like Wellgreen Platinum Ltd., formerly known as Prophecy Platinum, in Yukon, which I have visited twice. It's a robust PGM project worthy of attention. . .something that few investors pay attention to and I wish more companies did, is starting production with a smaller operation to get cash flowing and prove to the market that it can be done. There are 175,000 tons of tailings at the Wellgreen project that were left from an earlier operation. Just working these tailings could prove interesting. There's a lot to be said if you can get underway with a smaller operation and then expand." read more >

Jay Taylor, Gold, Energy & Tech Stocks (2/27/15)
"Wellgreen Platinum Ltd., which is an advanced stage exploration company, has a considerable amount of platinum group metals, including palladium. However, platinum is more prominent than palladium in the polymetallic Wellgreen project in the Yukon. I still like that project and the company very much."

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/26/15)
"Wellgreen Platinum Ltd. has released its long-awaited revised PEA for the Wellgreen PGM-nickel project. . .the numbers are quite encouraging. . .the good news is that Wellgreen is well funded, with about $10.5M cash, and is continuing to derisk the project with work on a prefeasibility study. Patience is the key, but this is a great project that will only become more valuable."

"Wellgreen Platinum Ltd. released a PEA for its Wellgreen project in the Yukon on Feb. 2. . .It is the largest and lowest-cost deposit in North America except for the Stillwater mine in the U.S. Wellgreen has an after-tax NPV of CA$1.2B and a 24.6% IRR. If Wellgreen were bought out at a similar level as Duluth, it would be triple its current value. Wellgreen's management has a proven track record. CEO Greg Johnson was the founder of NOVAGOLD, whose stock he took from around $0.50 to $22. Wellgreen could be his next big win. I think Wellgreen will bring in a major as a strategic partner in developing this huge asset, which could produce over 200 Koz of platinum and palladium per year, plus copper and 70M pounds of nickel per year." read more >

Peter Campbell, Mackie Research Capital (2/10/15)
"Wellgreen Platinum Ltd.'s new PEA incorporates the company's updated NI 43-101 resource estimate from July 2014. . .some of the more salient features of the updated PEA include: Initial mining commencing at an annual rate of 9.1 Mt/year milled (~25 Ktpd) increasing to 18.3 Mt/year milled (~50 Ktpd) after five years of initial production; Running a low-grade stockpile to be processed at the end of mine life; Utilizing liquefied natural gas for on-site power generation; Incorporating an opportunistic underground mining phase during years three to eight to capture some high-grade resources."

More Expert Comments

Experts Commenting on This Company

Peter Campbell, Analyst – Mackie Research Capital
Brent Cook, Analyst, Geologist Exploration Insights
Adrian Day, Founder – Adrian Day Asset Management
Jeb Handwerger, Author Gold Stock Trades
Heiko Ihle, Managing Director – H.C. Wainwright & Co.
Chen Lin What Is Chen Buying? What Is Chen Selling?
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Joe Mazumdar, Sr. Analyst – Canaccord Genuity
Matthew O'Keefe, Senior Analyst – Dundee Capital Markets
Darrell Pasloski, Minister of Finance – Yukon Mining Alliance
Jordan Roy-Byrne, Editor/CMT The Daily Gold
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.
David H. Smith, Analyst – Silver-Investor.com
Jay Taylor, Author Gold, Energy & Tech Stocks

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
Large Deposit with Low Mining Costs
 
Strong Infrastructure
 
Mining-Friendly Jurisdiction
Wellgreen Platinum Ltd. Content