Nevada Copper Corp T.NCU

Alternate Symbol(s): T.NCU.W.C | NEVDF

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 > I know that some have trouble understandin

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Comment by quinlashon Mar 14, 2024 12:57am

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Post# 35931956

RE:RE:RE:RE:RE:RE:RE:I know that some have trouble understandin

quinlash wrote: Clearly you lost sight of the whole point behind investing.

All profits and all losses are realized from either correctly speculating on future price movements of a stock or that of the underlying drivers. NCU is copper therefore we all speculate in the underlying driver is the spot price of copper. The underlying driver is showing strength. You can Google the current spotprices of copper from an under appreciated tool - that being "Google".

Prior historical speculated demand vs prior actual demand gives the margin of error calculation on future demand and future price. It's not an exact / to the penny calculation, it provides a "range" of values.

Let's say your calculated spot price is $5 per lb but your margin of error is 10 percent. This gives you a "range" of $4.90 to $5.10. how that benefits NCU can then be calculated based on expected margin.

It's math, don't be afraid to try some