Nevada Copper Corp T.NCU

BUY THIS STOCK >>>

[Notgnu]

Diluted more = yes... but NCU is now cashed up and finally headed to cash-flow. NCU is now very well poised to get there. A little later than we all wanted but getting there nonetheless.

Plus NCU is VERY leveraged to the long term price of copper... and copper is co-copperating quite well.


4.3945

+0.0900(+2.09%)

Cheers,
Notgnu

[imoright]

  The recent raise paid off existing debt correct? The new money is 41m.or so ?  how long doe it take them to burn through that much ? possible another raise in a couple of months? @@ Jenna

[Notgnu]

Yes, you are right. It is a race. That is a good part of the reason NCU trades at 25% of Book Value. N

[Notgnu]

It is a little like buying a brand new truck for 25% because it is in the shop with a blown conecting rod. N

[patchh]

probably looking @ feb... the mine is damaged and has added around 200M$ to their books since 2019 not a good time to buy,,,  that money pak is still clearing thru Fidelity Capitol... the stok will further decline from the 7's..  i would hold off into Jan B4 a re-entry... look 4 a sale.. otw - the NCI is trading less than 10% of the book value...  its in bismal shape

[nofluff]

The pala raise paid debt. The other raise was money to the bank. 130 some million. So it will take the pkace ofvthe 41 million pala loan for ug. That leaves 90 for exploration and paste plant.  nf