Nevada Copper Corp T.NCU

Primary Symbol: 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 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

Nevada Copper Corp > The last 30 days

<< Previous

Bullboard Posts

Next >>

Comment by nofluffon Nov 23, 2020 10:17am

95 Views

Post# 31951761

RE:RE:The last 30 days

Money is very tight during this covid wave. It is good that normal flue is down.
However, hospitals r overflowing with covid patients.

Tko raised 40 million on pp at firesale price. If there was better, they would have done it. They did the deal as insurance against a covid disruption to protect against what happened at ncu. More borrowed funds would not have done anything for tko covid protection.

Ncu has huge equity with little debt. Also, as much as I hate streams and royalties, they r a protection 4 ncu. If the mine does not run, they get no free metal. So 30 million should b no prob. Likely a bit steeper terms than with no covid.

I am confident it will b no prob.

nf

<< Previous

Bullboard Posts

Next >>

Level up your trading with BMO InvestorLine’s enhanced features