Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Nevada Copper Corp T.NCU


Primary Symbol: NEVDQ

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.


GREY:NEVDQ - Post by User

Comment by nofluffon Oct 17, 2020 12:21pm
102 Views
Post# 31734369

RE:and warrants

RE:and warrantsMy guess is that those leaving r done selling. Looks like both shares and warrants have stablized. Still no date 4 q3 release.

As expected, it will b brutal looking. I am looking at asset value verses share cap plus debt. With an underground and open pit, both higrade and permitted I value ncu well. There nearby deposits look highly likely 2 b very economical.

The new stope plan should b value added quickly. I believe ncu has invested about 700 million on the property so far. Market is paying 300 million for that.

By second q ncu should b producing guidance of 75 thousand pounds copper per day for 200 thousand cads ebitda per day. About 75 million per year if copper stayed at 3.00. That is a nickle per year per share per year. With a positive study on the big hi grade open pit and good results on proving new property finds and expected price increases in copper, I expect a quick run 2 50 cents. Then steady up.

My buy a little and hope it goes down formula worked again:)) Now it needs 2 go up.

nf
<< Previous
Bullboard Posts
Next >>