Response to the request of our new member re future For NCU share price!
It is understood that in the 15 + yrs it has taken to get the mine into production the share price has dropped significantly and while PALA and CL have averaged down many in the retail space haven’t and are not happy with their losses (realized & pregnant).
However if the stock price goes up most will be happier, even if they are only dealing with the recovery of some of their lost $
POSITIVES
- an operating underground mine
- possible large open pit operation
- in a great location re labour & infastructure
- potential for additional ore discoveries both on owned and surrounding lands which could keep the mill and processing plant operating for decades!
NEGATIVES
- covid
- Trump
- current copper price
- management ( did they fire the wrong people?)
- absentee management including the son of Mr Big trying to prove himself
BIG UNKNOWNS
- the November election
- the hoped for wake up to Global warming and increase in demand for copper
- a possible large reduction in the world supply of copper
- ability of new CEO
- influence of competent independent directors
KEY QUESTIONS
- will the pluses outweigh the negatives ?
- when ?
- and like the spring rain and other happenings
the hope & expectation is that yes = we are going to get the rain
we just don’t know when or How Much?
HOPED FOR RESULTS
- the Nov election is successful
- PH measured copper will move from 6 billion to 15 billion pounds
- the surrounding area will find 30 billion pounds of copper
- the price of copper will rise to $10
- and NCU will become a must have stock
Bog =it is now your turn!
Rock
.