Nevada Copper Corp T.NCU

Primary Symbol: NEVDQ

Metals & Mining Copper

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.

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Nevada Copper Corp > what is the implication of all this concern about finance

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Comment by emma1500on Nov 17, 2021 1:52pm

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Post# 34137220

RE:RE:RE:RE:RE:what is the implication of all this concern about finance

Patch, $828m is the value of the asset. There are no impairments. See below from IFS in November.

During the period, the Company performed an impairment analysis to test the recoverable amount of the Project due to the significant drop of the Company’s market capitalization at September 30, 2021 relative to net assets in addition to other factors described in Note 1. The impairment analysis performed did not result in the recognition of an impairment loss for the period ending September 30, 2021.

Patch you are not a morron, don't post like one.

I'm only trading the stock so not a pumper or a basher but really annoyed by the non sense and fake information.

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