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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 nofluffon May 09, 2024 10:23am
101 Views
Post# 36031013

Good, bad and ugly

Good, bad and uglyUgly.   Mill probs. 

Bad. Low ore head grade.

Good. Should get warrantee on transformer and were able to find and install a new one.

Tailings module issues getting fixed.

Ug crusher installed waiting on bid ecisio.

Pala still writing checks.

Lots of ore on surface.

By this time likely, 70 million cad stope ore opened.

SMD going slower at Les cost as need for stope faces reduced because of mill production.

250 million accounting value for corp.

Copper at 6.00 cad.

4 billion pounds of copper resource if updated. 

0.50 insitiu value for2 billion.

So accounting asset after liabilities has sp at 020.

Add insitiu and a dollar is cheap.

Nf
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