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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.WT.C | 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 a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.


TSX:NCU - Post by User

Comment by comet22on Aug 03, 2020 1:16pm
112 Views
Post# 31357856

RE:RE:August here already

RE:RE:August here alreadyMy thinking: Pala and Castlelake together own about 60% of outstanding shares, initially buying at prices much higher than current price. Other institituons hold near 10%. Which leaves about 30% to retail float. Good chance the major holders (especially Pala and Castlelake) allowed sp to bottom, intending to buy more shares cheap. Now, with new shares purchased, they averaged cost down, doubled down on investment, diversified shareholder base more through recent offering, and are apparently ready to go to production in a hot commodity market. As well, only 30% retail float makes it easier to walk price up. Comments anyone?

https://www.marketscreener.com/NEVADA-COPPER-CORP-1410970/company/
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