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Nevada Copper Corp 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 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

Bullboard Posts
Comment by Traderfanon Dec 18, 2008 1:21pm
364 Views
Post# 15654654

RE: Financing (Traderfan)

RE: Financing (Traderfan)

Well I realize that some selling pressure will disappear in the new year. On the other side the copper price could be under 1 dollar a pound up to then so we will get new selling pressure based on this fact. Today alone we are down 5% in copper. Very disappointing.

That's why I don't see any rally in this stock. Based on what? That said if they can somehow get a different favourable financing I will see this different but I just don't believe that to happen.

Of course I agree with you that selling doesn't make sense here.

Bullboard Posts