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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.WT.C | NEVDQ

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 > Good, bad and ugly
View:
Post by nofluff on May 09, 2024 10:23am

Good, bad and ugly

Ugly.   Mill probs. 

Bad. Low ore head grade.

Good. Should get warrantee on transformer and were able to find and install a new one.

Tailings module issues getting fixed.

Ug crusher installed waiting on bid ecisio.

Pala still writing checks.

Lots of ore on surface.

By this time likely, 70 million cad stope ore opened.

SMD going slower at Les cost as need for stope faces reduced because of mill production.

250 million accounting value for corp.

Copper at 6.00 cad.

4 billion pounds of copper resource if updated. 

0.50 insitiu value for2 billion.

So accounting asset after liabilities has sp at 020.

Add insitiu and a dollar is cheap.

Nf
Comment by BlakeRyan1978 on May 09, 2024 10:55am
Ah! The good, bad and the ugly! Story of my life when it comes to seeing all the shapes and sizes of what I work with... Blake xoxox
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