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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

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Post by baranja on Aug 04, 2023 2:46pm

NCU

Man,. will this ever move up? Anybody has any take on this?
Comment by nofluff on Aug 04, 2023 3:18pm
A lot of us r hoping:)) nf
Comment by dheadley on Aug 04, 2023 9:33pm
If it moves up it won't be much. Too many people looking for a chance to get shot of it. I'd be happy with 30c at this point.
Comment by nofluff on Aug 05, 2023 10:34am
We get q2 report tomorrow I believe. The last update was just on drilling. Tomorrow should b on ug progress. I look at a couple things for valuation. 1. How much has been spent on project. Answer, With sh investnent interest compound about one billion. 2. What value is there at project. Ug mill at 400 million today. Built years ago on the cheap. Headings to deposits exposing 3 billion of metal ...more  
Comment by JayGriff on Aug 05, 2023 11:37am
Great questions Nf, Another one I have to add to the list of questions is why Pala exercised those warrants and bumped their ownership from 49% to 61%... those warrants expire 2026...  what's the rush?  They exercised those warrants a few days before the end of their second quarter...  Looks to me like there is an agenda at play and I am clueless as to what that is...
Comment by mckayk3 on Aug 06, 2023 5:05am
Exercising the warrants put money into the company coffers.  
Comment by JayGriff on Aug 06, 2023 2:02pm
With the exercising of these recent warrants, the company's $82M debt was converted to equity which bumped Pala's ownership from 49% to 61%. Those warrants expire in 2026. If exercising those warrants provided more funding for Nevada Copper, I would understand that, but it was to reduce the debt which also significantly increased Pala's ownership. The timing of this makes me question a ...more  
Comment by JayGriff on Aug 05, 2023 8:19am
Hi Baranja, I'm holding my position in this and I  occasionally bought a few shares over the last few weeks to average down. I'm confident this will move up either with improved steady state production, financials, or large transaction. The public only owns 18% at this... if the price remains stagnant, I believe the value of this company will be set by what the financiers know it' ...more  
Comment by patchh on Aug 07, 2023 12:52pm
it looks like they hav started streaming and milling the stak pile out bak...  otw - NCI stok is simply a script..  has a face value - bad repp locally - ready made target for a car jaking - knife gun club...  U get some script and its worth 25 cents depending what the crop forcast is.. probably looking around end of 2024 to hit a buk..  by 2025 . should / 'hit -or-will ...more  
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