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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

Comment by patchhon Mar 30, 2021 10:44am
90 Views
Post# 32905562

RE:RE:RE:RE:RE:How in the Hell did I get into this?

RE:RE:RE:RE:RE:How in the Hell did I get into this?
more - off / more like it..  i hav only been w this since sept..

i think NCU has good parallel - slim - cash n hand...  what caught me.. is the ventilators..  sounds like they got hit w the equivalent of Conditional Level Deficiency in 2020...  scarry term - but basically an inspection by a fire marshall who leaves a notice - fix the lites in the exit area/rear...

in this case..  NCU has to locate a source of fans..  gets a saftey wogg/engineer or industrial hygenist who orders some parts..  submitts a written response to the mine compliance person..  toss in a few details of what the gear is - ann estimate for delivery completion..

since these nitices are federal..  they come w a 45 day to comply -to- the initial notice w a written corrective action/details..  these details do not hav to be released directly to the public; onset of notice to corr act..  its when they do not respond and are tossed into noncompliance - then the issue becomes public..

NCU kinda' trickled this out in the Feb Update - didn't assign a cost..

basically it sounds like the mine was having air quality issues under ground..  if they are burning diesel -- then they were running into PELS and TWA  ???

the vents are not cheap...  ahqw - it appears they have recieved a final inspection from the state MSA division & NCU shuld bee good to goo..

my guess is the transloading...  5K is about 2 rail cars..  transloading generally implies 10 cars sitting on a side trak..  similar to a grain silo operation..

my thnking is 50K tons coming out of that area..  soo that that will B the next ramp up target..

it also looks like Nevada Gold made another deal w the first nation @ shurtz - who get the the new rail switch..  talking abut dumping side loaders directly into rail boxes..  probably looking @ 10-20 mmillion and some frsh U-Pak Rail..

ahw - last more off can buy some baby wipes - clean up his lost fourtunes...
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