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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

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

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

Nevada Copper Corp > I know that some have trouble understanding
View:
Post by bogfit on Mar 13, 2024 4:04pm

I know that some have trouble understanding

the difference between "directly" and “indirectly", just like the difficulty they have remembering right from left

b.
Comment by cnynman on Mar 13, 2024 4:15pm
'Directly' or 'Indirectly'  is semantics. I see no relationship whatever between weather events and copper prices. These washed out roads and floods you keep posting have almost zero impact on global copper production, and exactly zero impact on global stockpiles and long term prognoses. I know you claim that these weather events will eventually disrupt ...more  
Comment by bogfit on Mar 13, 2024 4:52pm
“I see no relationship whatever between weather events and copper prices.”   and that is just fine with me.  What you can or cannot understand is immaterial to me.  I really don’t care if you believe the age of the earth is 4,000 years old, shaped like a pancake, or the physical laws of thermodynamics of climate change, and its effect upon mining operations. But why, even ...more  
Comment by cnynman on Mar 13, 2024 5:08pm
What I understand is 'facts'. What you are espousing is 'speculation'. These weather events you post about have yet to impact world copper supplies or the price of copper (Fact). If you think 'one of Nevada Copper’s very best attributes is its resistance or invulnerability to extreme weather events', what does that say about the overall health of the company or the ...more  
Comment by bogfit on Mar 13, 2024 5:34pm
"What you are espousing is 'speculation'."   Rather what I espouse is the physical laws of thermodynamics The atmosphere and oceans are warming. FACT Weather effects are magnified by a warmer atmosphere containing more water vapor.   FACT Extreme weather will strike regions never considered at risk before.  FACT Climate change alters ...more  
Comment by cnynman on Mar 13, 2024 5:43pm
Suppose we assume that you are correct and everything you say is 'fact'. How and where are the facts that any of this has impacted the global supply of copper, the price of copper, or the stock price of NCU? And there, Bog, is where you enter into speculation and leave fact behind. And by te way, the second law of thermodynamics has to do with ever increasing entropy. Nothing to do with ...more  
Comment by bogfit on Mar 13, 2024 7:32pm
First of all, what I claimed was factual and is simply what you can verify from news sources.   Second you claim that climate change hasn’t impacted the global supply of copper, but how do you know that for a fact?  The pricing of copper, as any knowledgeable investor knows, is a result of many individual inputs and influences that cannot be separately identified.    LOL I ...more  
Comment by bogfit on Mar 13, 2024 5:39pm
I see now.  You're just another basher salting NCU shareholders wounds.  Sick!     b.
Comment by quinlash on Mar 13, 2024 5:48pm
Spot price in copper has been doing a bumpy upward trend for awhile now.  That indicates supply is slightly lower than demand.  I am expecting demand to further increase as power grid upgrade projects start getting their funding to support EV infrastructure expansion. In terms of NCU they need some additional cash to finish bringing the mine fully up to speed so we will have to see how ...more  
Comment by quinlash on Mar 13, 2024 10:03pm
Any student of economics would understand the impact to price if either of the two inputs (supply vs demand) were to change. Spotprices are seeing strength. Agrue if the demand is higher or the supply is lower. The net change in price is the same. Money doesn't care about symantics. Q
Comment by bogfit on Mar 13, 2024 11:44pm
"Any student of economics would understand"   No, any 7th grader, but that's beside the point. “Agrue if the demand is higher or the supply is lower. The net change in price is the same.” Less what the USD does. As long as we’re talking about supply and demand, we should also try to understand why an imbalance between the two causes metals to boom and bust.  If both ...more  
Comment by quinlash on Mar 13, 2024 11:50pm
Demand is actually not that hard to calculate with access to the correct source data and can be further defined within an expected margin of error based on previous analysis and speculation vs actual results from prior super cycles within the commodity markets. Considering exchange rates can be worthwhile if you want to consider fractional percentages.
Comment by bogfit on Mar 14, 2024 12:32am
"Demand is actually not that hard to calculate ..."   I was talking about future demand and “past performance is no guarantee of future results. There's a reason this “warning label” is included in every document that discusses the performance of a particular fund, asset class or strategy. That's because when it comes to financial markets, circumstances can change—sometimes ...more  
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