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.

GREY:NEVDQ - Post by User

Nevada Copper Corp

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Comment by thomsonion Dec 03, 2014 5:43pm

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Post# 23192221

RE:Dundee: Buy rating and $5.00 target price for Nevada Copper

Gents: You miss a key point "we believe NCU is poised for a re-rating once the shaft is completed in 2015 and once we have more information on the Land Bill which is expected to pass next week" So Dundee's estimates will undergo upward revision pending shaft completion and the passage of the land bill. Furthermore, we are expecting a new reserve report in Q1/15 and that should improve the NPV for the pit by incorporating all new drilling since 2010. And quite frankly, the odds of NCU being taken out at the 3-5 buck range speculated upon today are quite low. Pala and management will "wait for the perfect pitch" IMHO. And so will I.

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