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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
Post by CaliforniaMineron Oct 13, 2019 2:17pm
179 Views
Post# 30226757

Trying to sort out worst case scenario

Trying to sort out worst case scenario

What could really happen here if we get a dramatic market selloff and extended low Copper prices? How long can Nevada Copper hang on?

Not being negative but rather realistic a few examples come to mind of what could happen: Queenstake Mining now Jerrit Canyon, Midway Gold now Fiore, Golden Queen currently reorganizing. 

Would someone buy us for pennies on the dollar like Midway?  Would they try and reorganize as Golden Queen is?

My hope is they survive, get things going then likely consolidate shares as Equinox recently did.

Good luck to everyone. 

 

Bullboard Posts