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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 Newstock44on Feb 16, 2020 10:12pm
38 Views
Post# 30698416

RE:RE:RE:RE:RE:RE:RE:Nice video about copper by the legend Ross Beatty

RE:RE:RE:RE:RE:RE:RE:Nice video about copper by the legend Ross BeattyNope! Silver Wheaton is a spin off from Wheaton River Minerals now known as Newmont. b. I looked a little deeper thought you might have had an answer this is what I found Not in the same business However, there's a big difference in the way Newmont and Wheaton approach the precious metals space. Newmont is a miner, which means it has to find gold, build a mine, dig up and sell the gold, and then shut the mine down when all the economic gold has been extracted. It's a risky and expensive business model, even though there's nothing particularly unique about the way Newmont operates in the mining world Wheaton, on the other hand, is a streaming company. That means it provides miners cash up front for the right to buy silver and gold at reduced rates in the future. It currently pays around $4 an ounce for silver and $400 an ounce for gold. These prices are contractually locked in, which allows Wheaton to achieve robust margins in good times and bad times because its costs are always low. Newmont has to cut costs, a time consuming and difficult task, to adjust to falling gold prices. Let me know if your wrong.. Just kidding Bogfit cheers NS44
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