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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

Post by AfroSamuraion Nov 04, 2020 2:57pm
111 Views
Post# 31836642

I'm very surprised by everyone averaging down

I'm very surprised by everyone averaging down
I would love to hear why and where your confidence comes from. I'm going to hold until the end, even at a loss, but I've been reluctant to buy more as it's declined in the months. There's no doubt that copper will be big the next five years but how is NCU going to pull out of this? Being very dependent on copper prices to survive doesn't seem like a good reason to further invest. Is there something im missing here? They burned through 200 million since August, what is 30 million really going to do. I'm looking for honest answers here as I'm feeling I'm missing something. The news released this week shattered my confidence in NCU
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