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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 Oct 07, 2014 7:09pm
132 Views
Post# 23007975

RE:RE:Sp

RE:RE:SpWhy the extreme weakness...

A rising tide raises all (well most) boats, whereas in  declining markets prices decline.

As for NCU, it would seem the average shareholder remains unconvinced that the Lyon County Landbill in HR5205 will be able to pass in the Senate, given the fact the Senate will only be in session from Nov 12th or 13th through the Christmas break..They are rushing for the exits by the looks of it.

If the bill does not pass in the Senate in this session of Congress---its back to square one in the next session of Congress in the new year---basically having to get passed again in the House of Reps and in the Senate...Given that this seems to be a lengthy process, the risk of holding is that your shares won't go anywhere into positive territory for awhile.

If however, HR5205 manages to pass the Senate this year, I think it will be a significant catalyst to the upside.

I am quite content to hold, cause I have a sneaky feeling that ole Sen Harry Reid is gonna get it passed this year despite the tight timeframe to do so. While I could be wrong about that, I like some others, are content to hold for the long term. What others do, I really don't care.

Cheers

Bullboard Posts