S&P Capital IQ Initiates Coverage on Prophecy Platinum Corp in Standard & Poor’s Factual Stock Reports
2012年5月18日 - 4:38AM
ビジネスワイヤ(英語)
S&P Capital IQ announced today that it has commenced
Standard & Poor’s Factual Stock Report coverage on Prophecy
Platinum Corp.
Prophecy Platinum Corporation (TSXV: NKL; OTCQX: PNIKF), an
exploration stage company, engages in the acquisition, exploration
and development of mineral properties in Canada, Argentina and
Uruguay. Prophecy primarily explores for platinum group elements
and nickel sulphide projects. The company's primary property is the
Wellgreen PGM nickel property located in Yukon Territory.
Other holdings for the company include the Lynn Lake Nickel
Copper project located in Manitoba, the Las Aguilas Nickel PGM
located in Argentina, and five prospective claims in Uruguay. The
platinum group metal (PGM) family consists of six elements:
platinum, palladium, rhodium, iridium, osmium and ruthemium. These
metals are classified as precious and have characteristics
well-suited to industrial, medical and jewelry applications.
Platinum and palladium are the most well-known of the PGM family,
with platinum's per ounce price historically exceeding gold.
Mineralized rock on the Wellgreen property occurs within a 20
kilometer-long multiphase intrusion, with a maximum thickness of
over one kilometer Triassic ultramafic body, known as the Quill
Creek Complex (Complex). Three main zones of platinum, palladium
and rhodium-enriched copper-nickel mineralized rock have been
outlined on the Wellgreen property: the East zone, the West zone,
and the North zone.
Prophecy Platinum was spun off from Prophecy Coal (TSX: PCY) in
2011. Prophecy Coal currently owns 22.5 million shares
(approximately 42%) of Prophecy Platinum.
Standard & Poor’s Factual Stock Report coverage on Prophecy
Platinum Corp. will also be accessible on an ongoing basis to the
investment community by scores of buy-side institutions and
sell-side firms that utilize S&P Capital IQ research and
information platforms daily. Millions of self-directed investors
also have access to the report via their e-brokerage accounts.
Please visit http://www.prophecyplat.com for additional
information.
About Standard & Poor's Factual Stock Reports
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