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Nevada Copper Corp T.NCU


Primary Symbol: 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.


GREY:NEVDQ - Post by User

Comment by bogfiton Dec 14, 2020 8:25pm
127 Views
Post# 32105999

RE:Bog; I check copper price on KITCOBASE and it shows

RE:Bog; I check copper price on KITCOBASE and it shows You see why I don't like numbers.  I looked at the 60 day chart (on 6 month too oviously) and noticed that Cu had bumped up twice and fell back. Now this is a VERY short term pattern and little can be assumed for accuracy, however it appeared to me that if Cu failed to breech this level Cu might go sideways consolidating recent gains.  Could be resistance becoming suppor?  Worse case senario (not mentioned) is a contraction based upon cooling of speculative demand, if price goes flat.  Worse case senario of worse case senario is Cu price overshoots fair value and then rebounces almost mmediaely.  My God how many times have we seen this?

Like I said, I don't beleive anything i see in today's market. (And trust even less)

b.
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