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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.WT.C | 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.


TSX:NCU - Post by User

Post by Notgnuon Nov 24, 2020 7:19pm
747 Views
Post# 31966512

Glad to have bought in

Glad to have bought in...a bunch more today. Subsequent to the last financining (equivelent of $.14 net of warrents) we now have:
  • No more serious worry over dilution
  • Election uncertainty resloved in favour of the actual copper guy
  • The new mill tested and running fantastic plus actual metal sales
  • Completion (almost) of hoisting and ventilation to design spec
  • Covid uncertainty abating with vax coming out so idiots can save face and walk back their stupid pandemic rhetoric
  • Copper that is now about 30% higher in terms of margin to be earned on selling unhedged amounts ~ 75% of next years production
  • Financing for the completion of the underground works at quite favourable terms and rates
Loving it now... I see a $.45 to $.60 price within 6 months = 4 to 6 bagger

Cheers,
Notgnu

PS... thanks fishmillion for the extra 5,000 shares :-)

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