RE:Interesting times; Especially the post from one who has "As I have commented before the property has significant amount of copper & precious metals and NCU is quickly bringing PH to full scale production.
With copper over $4 per pound and all in costs of less than $2 pound and operating costs much lower NCU should be very profitable as they get into full production." - Rocky
In total agreement. I have always believed that NCU offers an excellent opportunity if purchased with an appropriate investment window. However, speculating a large amount of capital on a non-producing start-up should be viewed as an extremely high-risk investment. I have repeatedly posted my personal philosophy of the importance of retaining flexibly in one’s portfolio, so one can react quickly to changes in the market. This should seem even more important during times of exceptional economic disruption and supply chain chaos.
What will be, will be. The warrants pay off or not. There really ain’t anything that can be done there.
As far as the stock I see nothing on the horizon that might make a significant difference. We need to recall the situation when the speculators came into the stock last Fall. The media was full of speculation on copper demand for E/V, solar and money was pouring into the metal and copper stock – that is no longer the case. So the question becomes who is going to show up to buy now?
One wild card that I see as a possibility is a TO or buy-out. Why, because both copper and NCU are down and PH’s reserves might be seen as “cheap” when looking forward with inflation in mind. Just a thought.
b.