GREY:NEVDQ - Post by User
Post by
Pat4Popodopolouon Feb 12, 2016 3:13pm
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Post# 24553788
There's value in the pudding
There's value in the puddingI'm bullish. Pumpkin-Hollow is a 100% owned & fully permitted 5 Billion pound copper reserve. If I know anything it is that this is definitely undervalued at today's range. At 50-cents this company's capitialization sits at about 40 Million. Copper at $2 per pound puts the in-situ value of no less than $10 Billion. Plus there are 25 square miles of untested land for potential upside! There are many other companies out there with just the untested land showing higher valuations. I do not know anything but I would not bet against this company being a take over target at these levels. A major can put the reserve on the books and leave extraction to a higher copper price. Take a look at the Feb. 2016 corporate presentation on the NCU website if you would like further metrics. I consider myself a value assessor who relies on mosaic theory for timeliness but I have been buying because the PDAC is approaching and iI recall deals are often announced during that time. Just say'n. Good luck to all. PP