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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > Concentrate on the fact that >>>
View:
Post by Notgnu on Dec 23, 2021 2:19pm

Concentrate on the fact that >>>

It matters very little where the concentrate goes or who the ultimate buyer is. We have off take agreements so we just need to get the craap out of the azz end of the mill and of Yerington.

The underground is average about 1.8 % copper and that pays pretty damn, well once at running at spec of 5,000 and an eventual 6,500 tpd.

5,000 tpd is almost 5 million pounds per month (5000 X 30 days X 2,000 pounds per ton X .018 average grade X .9 recovery = 4,860,000 pounds of copper in concentrate to ship out.

It is not hedged so apply $4.30 and back out $2.00, of all in cost to produce, once past the start-up issues that are soon in the rear view mirror.

That is $2.30 X 5 million pounds. That alone is $11.5 million Yankee bucks per month and that is about $14.5 million CAD per month

And that is ONLY the underground. The open pit bare property is worth more than the current market cap... by far IMO.

Keep it in perspective 

$5.00 per share easy

Yes... My F'n opinion so go Fkkcc yourselves

Cheers and Merry Fkk'n Christmas :))))
Notgnu
Comment by TomsStockHut on Dec 23, 2021 2:24pm
...same to you Notgnu, have a nice time and stay healthy, Tom
Comment by SNgu8000 on Dec 23, 2021 3:09pm
NOTGNU is getting HOT ! Someone WANT BIG BLOCK IN LAST THREE DAYS - NOT RETAILERS ! I had " big bag " downstair waiting for SHORT but now I think no chance to get fill 
Comment by nofluff on Dec 23, 2021 3:11pm
We could c a cad buck before year end:)) nf
Comment by nofluff on Dec 23, 2021 3:15pm
I believe .70 by days end:)) nf
Comment by Notgnu on Dec 23, 2021 3:26pm
It's finally looking good friends. Enjoy your christmas and let's just see what the new year brings.  Cheers, N  
Comment by RoyKerr on Dec 23, 2021 3:51pm
if iorich turns this fockker into a major this decade, guy will go down as a legend. 
Comment by patchh on Dec 23, 2021 4:07pm
he's a legend in russia !  started out buying wet coal piles and went on to creat 66,000 jobs in the mines they procured..  he got his start selling coal from the bak of a pik-up to freezing russians..  they brought up all of the miines that belly-upped !  and started producing coal where there was none... most of the rode'ah sho' should start ofter Du gives her ...more  
Comment by patchh on Dec 23, 2021 4:25pm
i think we get the side loaders for the tinker toy re-start... i am talking about 200 ton haul truks - running 50 a day - 50 truks at a time in line... U toss in ann mason and now U are looking at 100 haul truks or 200,000 tons per day.. where R U going to stash (side dumps) that on the highway @ dayton.. Barrik has one company running 50 truks out of cortez; half of that ore is preprocessed;; ...more  
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