Nevada Copper Corp NEVDQ

Industrials Conglomerates

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.

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Nevada Copper Corp

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Comment by thomsonion Oct 15, 2014 1:58pm

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Post# 23030515

RE:RE:RE:RE:RE:52wk low

Mudguy

"I think the likelihood of the Senate dealing with the land bill is low, and I worry that Reid is at risk of losing the leadership. That is a potential negative catalyst. The progress on the shaft is slow but steady. Finishing that in 2015 will be a positive catalyst"
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Actually, I do believe there is a possibility that the Senate could go Replublican putting Harry Reid out of the drivers seat as current majority leader...

However, I think the odds are pretty good that Reid will get HR5205 out of Committee and onto the floor for a vote before this session of Congress ends. Why?

1) The bill passed by a bipartisan vote in the House. Its non-controversial.

2) The bill contains 47449 acres of Wovoka Wilderness area and 26,000 acres of Pine Forest.
With the possibility of a Republican House and Senate for next Congress (who typically aren't keen on making more parkland from what I've read), this is a chance for him to get what he wanted the previous session of Congress (specifically Wovoka).

3) Self preservation: He knows basically every level of Nevada is in favour of this bill and wants it passed. (both sides of the House and the Nevada Senate Reps). He delayed the passing of
the Lyon County legislation the last congress (by adding Wovoka to it), and I dare say that
he recognizes that it would not go over well at all with his constituency if he did not bring it to a vote WHEN HE IS IN A POSITION TO DO SO AS MAJORITY LEADER!

4) He is on record (as is Senator Heller) of strongly supporting the bill.

Anyway---thats how I see this developing and in the mid November-December time frame of this Congress. It is also clear that many shareholders do not believe the bill will be passed this year. There should be some attractive opportunities to load up in early November as tax loss season gets going in earnest.

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