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Nevada Copper Corp T.NCU

Alternate Symbol(s):  NEVDQ | T.NCU.WT.C

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 patchhon May 21, 2024 8:31pm
81 Views
Post# 36051062

RE:RE:Question for Patchh

RE:RE:Question for Patchh
copper is up about a buk in the last month..  all N mine cost @ NCI (50 people to 350 N less than a year...  sounds like all N to me..) was stated around 4 buks for chuck.  elko day press - buffington intervue april/may 2024..  barrik ahd mine inflation rates (globally) @ 6 & 8%; to barrik this was around 750M$.. 

fire dancin and rain vodo's aside..  the russians are closing in on Kiv Rog and the Aceslor Smelters; this is what the russians are after.. the alum - rolled steel - smelters - avastoval // these aree mega facilities and much larger than russian properties...  avestol was the mega coke facilities/captured..

the russians produce around 700,000 tonsw of finished copper..  the gambit !  settling all euroasia trades in rubels and yuans - summs game zero for the USD..  this will B aoround 60% of global GDP's in a briks format...  russians will go from about 28% to >36% - tidy summ


question is what will the russians doo to forex contracts..    i suspect they will short for a quik noze bleed anbd move all euroasia forex contraks to shanghi and the ripp the residual to oddybiddypieces...  i.e. the same game show w urals oil and siberian methane gas..  the russians lost on the gas but hav made a wopping killing on the oil..  entire refinries re-tooled to handel the heqavier urals oil (oil grade i guess is similar to Venezuela - hi bunker - high vanadium (takes a special refractor w a sulkfuric acid process)..

i think the russian will move to corner copper - rolled steel and alum..  they will sell until the forex dealers flush contracts
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