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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

Post by Notgnuon Oct 23, 2021 2:32pm
316 Views
Post# 34040981

Next NCU news >>> What to expect and watch for >>>

Next NCU news >>> What to expect and watch for >>>

1) Confirmation of TSX acceptance of the long-term debt deal as structured between Pala and KFW


2) Possibly an update on the surface fans being at or near the site now and ready for instal and then commissioning.


3) Completion of the dike crossing (90 feet down) as part of the progress toward a whole second access to creating laterals and new stopes simultaneous with the current ones


4) News that Pala will, at some near point, after the share price uncoils, exercise their 130 million warrants for another 13 million shares, yes even if the share price is not above the $2.00 thresh-hodl. Why? Because in the absence of the financing, which may not be necessary now, then it would be the only way for Pala to increase their percentage and lower their average in face of mine completion and the new copper price outlook pushing the stock price up early next year, shortly after expiry of the January warrants... (not out of the question in my guesstimation.)

 
Cheers,
Notgnu
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