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Universal Copper Ltd V.UNV

Universal Copper Ltd. is a Canada-based copper exploration company focused on the acquisition and exploration of copper properties. Its focus is on advancing the Poplar Copper Project, which covers over 61,566 hectares, located 35 kilometers (km) from the Huckleberry Mine and 42 km from Equity Silver Mine. It hosts an undiluted indicated mineral resource of 152.3 million tons grading 0.32 % copper, 0.009 % molybdenum, 0.09 g/t gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tons grading 0.29 % copper, 0.005 % molybdenum, 0.07 g/t gold and 4.95 g/t silver.


TSXV:UNV - Post by User

Bullboard Posts
Comment by elkhunterson Dec 08, 2017 11:28am
44 Views
Post# 27117766

RE:RE:RE:Do you want to make "cents" or "DOLLARS" ?

RE:RE:RE:Do you want to make "cents" or "DOLLARS" ?Exactly who is going to pay 50% above market for paper they can't trade?

Are you?

TAC has done very well this fall, from $0.05 to $0.40. Nobody should deny that!

But let's not imagine land ownership where none exists yet or shares that aren't yet placed.

I think TAC goes higher in 2018 and the area plays do well.

But let's not ignore stuff like $7M of unfunded obligations for the property or a financing that is not closed.

Very few juniors can raise money above the trading price, so I think the odds are that the financing gets repriced to a discount, maybe $0.35. 






Bullboard Posts