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 Dec 03, 2014 1:00am

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Post# 23188856

How many will sell if the Land Bill passes?

I have a feeling that there are lots of investors who plan to sell on the pop if and when the Land Bill passes. This flood of sellers may keep any jump in price to a minimum. Even if the bill passes, and the price jumps, it will probably drift lower after that.

I have lost a lot of money on this stock. A lot! I am tempted to stick my neck out and buy more at this price, but all I can see is that it is really hard to call a bottom. Who would sell at this low price? Obviously someone. If there are people willing to sell at 1.15 and not enough buyers, maybe there are people willing to sell even lower.

I believe the company is worth at least $3, but you currently don't have to pay that. I think I will just wait and see and hold onto my remaining cash for now.

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