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.

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Nevada Copper Corp

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Post by CuJunioron Nov 15, 2014 10:49pm

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Post# 23133353

Does materialsgirl think the cost / lb is higher than $2.85?

Mat

You wrote " At peak copper pricing ($4.60 a pound) NCU shares are worth $8 to $12."

How did you come up with this value? Even using what Rockhound would say is my unreasonably high cost per lb of $2.85, I got $26 when copper is at $4.60.

I can only conclude that you think the total cost per lb is higher than $2.85. Please correct me if I am wrong.

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