Nevada Copper Corp NEVDQ

Metals & Mining Copper

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 a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

GREY:NEVDQ - Post by User

Nevada Copper Corp

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Post by RLL2on Feb 10, 2008 6:26pm

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Post# 14347287

Fraser Mackenzie - NCU - "Strong Buy"

Giulio Bonifacio, President and CEO of Nevada Copper Corp. is pleased to announce that Fraser Mackenzie has updated their coverage of Nevada Copper and issued a "Strong Buy" recommendation with a 12 month target share price of $5.75. The recommendation includes a detailed analysis of Nevada Copper's Pumpkin Hollow deposit. The $5.75 share price is based on an after tax net asset value of future mining revenue based on a copper price of only $1.85US/lb. The report states "we believe that Nevada Copper has an excellent opportunity to vault itself into the producer category by fast tracking the development of its Pumpkin Hollow copper-iron deposit."

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