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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 westcoast1000on Oct 29, 2021 4:54pm
212 Views
Post# 34066142

RE:RE:RE:What is wrong/right with NCU?

RE:RE:RE:What is wrong/right with NCU?Neoskeptic,

I thought about responding to your post when you wrote it, but it was a rather broad two questions.

As I recall, it was requesting opinions on the pros and cons. There are consistently misleading negative posters here, which makes any informed conversaiton difficult

There is a lot to say. I suggest you look for posts by Notgnu and Nofluff as two people who provide what I think is sensible information.

In brief, I and others are strong believers in the company, given resolution of financing, apparent resolution of issues with water underground, apparent pending installation of ventilation fans, the new CEO and so forth. The company web site is highly informative. The recent interview with the new CEO says a lot.

If you think the company is risky now, you would not have liked it at all just after new year. Things are vastly better now and generally the share price is about as cheap at it has been this year.

Like nofluff, I do not see any big risk. They have one operating UG mine and an OP mine that will likely proceed 2023, all on one site and excellent financing.


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