Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

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

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Nevada Copper Corp > China's Real Estate Nightmare Isn't Over Yet,

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Post by bogfit on Feb 10, 2024 1:07pm

China's Real Estate Nightmare Isn't Over Yet,

"Fundamental demand for new housing is expected to decline by almost 50 percent over the next 10 years," (Let that sink in.)

the International Monetary Fund wrote in a report released this month, with even more dramatic drops in some localities.

The property sector contraction, though necessary, will hit many Chinese hard in their wallets, Gallagher pointed out. This is being compounded by the associated blow to the industries dependent on the real estate construction, from landscaping to interior design, she said."

China's Real Estate Nightmare Isn't Over Yet, Professor Warns (newsweek.com)

Guessimation: That reduces global copper demand about 15%?

b.