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Nevada Copper Corp NEVDQ

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

Bullboard Posts
Comment by stokpikeron Aug 15, 2018 9:58am
58 Views
Post# 28463818

RE:Why up 9%?

RE:Why up 9%?IMO mgmt did a vey bad financing, too large, more thna they needed now, price too low, poor timing with summer doldrums around the corner and bad luck with a correction in copper

volume dried up around mid July, share price moves easier on low valume

IMO copper will be strong for the next several yrs, the project is good, its in a great jurisdiction

if NCU mgmt bring the underground to production on time and have the open pit moving towards production then their timing should be very good and NCU share price should do very well

BUT it would have done better if they hadnt raised all that cash at .60

 


Bullboard Posts