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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

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Post by nofluff on Oct 27, 2020 11:38am

trend

Even the copper junior star. Kodiak copper, is down 50% over the same period as ncu 50% drop.

Ame down 50% over same period.

Htr down 30%. Just the junior market. 

nf
Comment by Mukulu20 on Oct 27, 2020 11:50am
Stocks in copper sector are trading above theirs 52 week lows. In August NCU 52 week low was 0.13. We thought after the bought deal end of July after going down from around 0.20 would settle not below the 52 week low of 0.13. It breached that after staying there for about a month. And now we find ourselves in a dismal state. Every time we try to average down from 0.13 and below,  it magnified ...more  
Comment by bogfit on Oct 27, 2020 12:44pm
"This falling knife has no bottom looks like."   Everything has a value and a bottom.   "Can any body shed light whether fundamentally nothing wrong with this company?   Of course not, the travails of this project would discourage a saint.  That said, a small ray of sunshine is that I doubt our new acting CEO would have taken on this project if he thought it ...more  
Comment by Mukulu20 on Oct 27, 2020 10:35pm
In anticipation of future performance the stock normally moves favourably on appointment of a new CEO (acting) given the long and respected career. Seeing the downward slide of the SP setting several new 52 week lows, the market has clearly placed no confidence on this new appointment. We wait to see proving his worth. 
Comment by bogfit on Oct 28, 2020 1:19am
", the market has clearly placed no confidence on this new appointment." Bull pucky!  I honestly cannot understand how you could reach that assumption.  I pointed out eariler that it only took 1.6% of our float to drop the PPS by 33%, and I offered several explanations for this discrepancy.  If you wish to disagree with my analysis please state your objections, but don ...more  
Comment by Mukulu20 on Oct 28, 2020 6:56am
I will not add one more penny. I will sell to reduce my losses or break even if and when the SP goes up. Good luck to all of you who will be making money in future.
Comment by bogfit on Oct 28, 2020 9:00am
" I will sell to reduce my losses or break even if and when the SP goes up." Now THAT sounds like a plan ... or not..  Depends.    b.
Comment by Mukulu20 on Oct 28, 2020 11:13am
Market has shown no regards for this company for the last three months and it relentlessly punished the stock bringing down to 0.07. Even the appointment of new CEO (acting) with long and respected career could not stem the bleeding. Yes I will execute my plan of selling this stock meticulously as stated. 
Comment by Oenophile on Oct 28, 2020 11:33am
Selling begets selling, and market is red. Turnover and huge float isn't helping. Excelsior has a similar valuation, so it isn't just NCU.
Comment by bogfit on Oct 28, 2020 2:00pm
How are we goin' to miss you if you won't go away?  You've meticulously stated your opinion to which you are entitled, even if I find it smacks of investment illiteracy.   So you're done> Okay!  Adios, ciao, hasta luego, and don't let the door hit ya on the way out.   What do you want a freakin’ funeral?  Jeeez!  Get lost.   b.
Comment by Mukulu20 on Oct 28, 2020 2:23pm
Wow, an investment illiterate can so easily get under the skin of a seasoned guru and investment expert for merely expressing personal opinion based on facts! I'll surely miss the outbursts. No malice. 
Comment by Mukulu20 on Oct 27, 2020 12:02pm
All these 3 stock Kodiak, AME and HTR are trading much above their 52 weeks low. NCU trend is disparate and not compatible.
Comment by bogfit on Oct 27, 2020 12:11pm
That NCU should respond to market conditions as do other comparable juniors is reasonable, but does not take into account the specific difficulties each has faced and had to overcome.   Both are happening, and therefore I submit that NCU only real problem is the need for higher copper prices.  You can cover over a great deal of incompetence and ineptitude with strong earnings, but that ...more  
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