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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.W.C | NEVDF

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 cnynmanon Apr 22, 2024 8:40pm
105 Views
Post# 36002454

RE:RE:RE:Question about public shares being bought

RE:RE:RE:Question about public shares being boughtIf the true intent of those in control is to gain control of the property for pennies on the dollar, at the expense of common shareholders, they will reach a point where 'bad operating decisions' will be made, which result in losses or failures of production.  Then will come either a fire sale or bankruptcy.

If I were a heavy investor in NCU (I am not), I would watch closely for signs of this.  These constant refinancings, with no real production, but investment in infrastructure (which could be of value to an ultimate operator) could be such a sign.

Watch and see but decide for yourself.  There are some hopeless and shameless pumpers/fluffers on here who interpret every bit of news and speculation as something 'positive'.  I've never been certain what their end game may be. 

I'm just saying be wary.  This mine/operator has a long history of over promising and under delivering.
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