Nevada Copper Corp T.NCU

Is anyone here selling on this 20% drop ?

[ZouZS3]

not an expert of mining. Would anyone please advisemon whether I should take my loss and move on?

[RoyKerr]

not financial advice, but a general rule rule is sell into strength and buy into weakness. very few people can do that because of how folks are wired. what you need to do is read up on what assets they have, what they are worth, chances them being sold close to that price and what your risk tolerance is. You have to do the work and take responsibility for the outcome. or sell half and keep half.

[RoyKerr]

edit ask westcoast too, he is a good guy.

[ZouZS3]

Not blaming anyone. Have a high risk tolerance & long time horizon. But have no clue what their assets are worth. Can you help me with that ? How much their assets are worth?

[RoyKerr]

i'll do a twitter thread and link here after the new IR presentation. the IR person said they are making up a new nvestor presentation to be released soon, which will give us updated numbers.

[patchh]

bare bones around a billion -2- 750M$,,  i think they hav something like 850M$ on paper from the 2010 IFS. NCI need an additional Billion to develope the OP

[westcoast1000]

Zouz, I cannot tell you what to do here. I can say I have a serious amount of shares here at around $1.10 and I am not selling. This is my biggest holding by far and I am old and retired. Not too smart in retrospect, but here we are.  Their assets are very substantial. Look at the 2019 pfs on the NCU web site and check our the NPV of the corporation as shown at that time, with much lower

[metalhead666]

They have failed miserably. Doesn't matter how much mineral they have in the ground if they can't extract it for a profit and clearly they cannot.

[Kelwain]

Definitely metal in your head, I suggest you sell your shares. Cheers

[metalhead666]

Don't own any...sold my play a long time ago when it was profitable.  I understand a couple of things you don't.....you "rent" stocks like this not own them, you never marry a position, losses happen cut them short when they do. Mine problems are like cockroaches....never just one.  Maybe you'll learn

[realvlad]

Metal you got caught with the PP when it dropped to .77 . You complained on this forum. So how did you sell when profitable?

[patchh]

nobody in this forum has sold anything for a gain unless they brought a pool bak in 2019 - pre reversal..then trading vacations never posted on my real time - save the Baloney @ BS  ::  I checked ! never happened ..  whatta something like 10K.. that double allotment went from a buk,  i tried to short - got hit w a 25% short interest charge by my service.. and then it went

[patchh]

ohhh that glorious 77 where SS bank sells and first fidelity in Ca - the Agent/Settlement..  collects the storks SSbank sells in to the market @ 77.. ahh - news flash..  the stok never made a mad-mad-world of a 77; long enuff for SS Bank to sell them 77's.. volumes were below 150K for that miniscule window of 77..'' otw - SS bank is in around a buk down to yesterday of 4

[aurens]

Hi Zouz, Yes a lot of us definitely are feeling dumb on this spec. I have lost about 100k. I need it at 2.60 to make any real money. I hold with the endless news news on copper going ballistic... as per the layest hyper actove spec in the globe last week. I am old a retired too... not crucial a money loss for me but irritating indeed. The punch bag continues Cheers, c'est la vie.

[ZouZS3]

I hear you Aurens. Guess there is nothing I can do at this point, except holding or buying more. Might as well lose it all and live and learn. If it's meant to succeed, it will. I give up on all my investments. I admit I fkd up on all my investments for the past 2 years. But imma keep my head up and keep rolling.

[RoyKerr]

It can be tough. but otoh... idk if religious at all, but it might be something you want to consider. blessed are the poor, etc. It works for me when drawdowns happen, that is humility and humbleness bring people closer to God. I could have been Hunter Biden or some other degenerate if I had too much money at certain points in my life, wrecking my life and that my children. Or worse, getting

[ZouZS3]

Gotcha westcoast, let's stick to them diamonds hands. Thank you so much for your feedback I really appreciate it!

[patchh]

LAC is spliting Tahcker Pass out of the main corp holdings into a seperate company..  that split will occur sometime in 2023.. i thught payla was in for less than 2.2..  i had it around 6 w a sale of 2.2..  but then again i am not going to look it up on the insider holdings; ragg dolly where some of the acquitions came in less that this w loric.. IMHO if this is the bench.. 

[nofluff]

Deprnds on your fomfort level zou. Patience is a virtue. Ground conditions are giving some probs. So a couple more months until some good production. The good news is that they are moving ahead at a safe pace. Second access to sc is going much as planned.  They will not b able to forward sell if no access to ore, so they will have to borrow, stream or pp a bit more. I am not happy with

[nofluff]

There mill and developement of underground is at about 800 million capex so far. Todays cost would be about 1.5 billion. There is likely 20 billion pounds minimum copper on there property at minimum. With 2 fully permitted mines, that ore has to b at least .50 cad insitiu value. So nav would b 10 billion. However, that is speculation. The op is being drilled right now to delineate reserves. My

[TomsStockHut]

Hi NF, share your view regarding patience for the next months. However, buying now is not an option. Pala is short on cash, thats the point. Keeping up drilling and fixing the dyke passage, while at the same time reducing the blue collars, is clearing saying, that Pala is done. They choose the wrong strategy and are not able to balance operational issues. At this point I am with Patch: W/o them

[patchh]

get a little guaze - Ur eye may ozze when U pull that sharp stik out ! thats a pretty good rotten summations...  i will buy a couple thousand today..  if it peggs bak to the 5's e them bots...  the TD will keep it there..  it will mot goo bak to them 4's.. this is the craps table -- no go N goo line..  pure gamble... i looked at the market depth yesterday on the

[diggin78]

I'm neither a mining nor an investment expert, which is apparent when examining my portfolio, but I added 50% to the ncu position after the drop today. My original position was already significantly down, so I don't really think about it until there's an update. Doesn't bother me too much and the copper isn't going anywhere. Just train yourself to forget about it between

[bogfit]

 "I added 50% to the ncu position after the drop today." You failed to mention why.  BTW - Did you also cover 0/00?   b.

[diggin78]

cuz it was only 300 bucks and I like to gamble.  Now go dig yourself another $hitpit 

[patchh]

the Market Depthis @ sales...  the Bids are not clearing and the ask is stalled @  430 w a block @ 250,ooo shares... time and sales is zilch.. the stork is stalled - its not buying to selling at any price the market maker has Block Registered..''its stalled.. the book trader is flat.... w/o getting out of sink..  the market maker registered around 30M shares in the ask