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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 thomsonion Feb 12, 2014 2:34pm
178 Views
Post# 22201284

RE:RE:TECK or LUNDIN

RE:RE:TECK or LUNDIN Material Girl I too was somewhat curious as to Pala's average cost per share and went to sedi.ca for the information. They had no cost reported for their opening position 0f 5,399,050 shares in 2010...but I assume its around 3 bucks or so..????? Since 2010 till Dec 2013, they have bought 34,890,091 shares at an average cost of $2.92 for a total investment of $101,809,877.32, which does not include their initial 5,399050 share position. So I think $ 2.95 would be a reasonable guesstimate as to Pala's NCU cost basis. I would agree that there is no chance Pala would sell for 3 bucks a share for a nickel or so profit...
Bullboard Posts