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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

Nevada Copper Corp > Glad to have bought in
View:
Post by Notgnu on Nov 24, 2020 7:19pm

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 :-)
Comment by nofluff on Nov 24, 2020 7:26pm
I can not imagine this not opening at a dime in the morning. The lenders were probably the main share buyers over the last month. So ncu has become a straight out buy and hold. No swinging out 4 nf 4 a long time. nf
Comment by Notgnu on Nov 24, 2020 7:30pm
Someone had knowlege at end of day. I noticed a lot of buying chomping down the ask in the last hour so I jumped in for a couple more shares :-)
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