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Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Who is buying the Pumpkin Hollow asset?
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Post by rickwayne1982 on Jun 20, 2024 3:33pm

Who is buying the Pumpkin Hollow asset?

There are investors out there with pockets so deep that they can afford to buy, hold and maintain the Pumpkin Hollow asset until copper prices sky rocket before starting to produce. They can explore the land in the meantime and start a massive drill hole program since, as per earlier 2023 press releases, this land package has barely been explored... It would explain why the spokesperson at Nevada Copper doesn't expect operations to continue and may not require as much staff. But then again, I only take what I read with a grain of salt... perhaps with some tequila when I meet Patch one day.

I understand why such a huge percentage of ownership belongs to Pala, Mercuria, Solway and Castlelake at this point.

Comment by Dragonflyinvest on Jun 20, 2024 3:52pm
"There are investors out there ..."    As they have been for the last 12 years.  If they wait until copper prices sky rocket, they will find themselves in an unpresented  bidding war.
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