Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

NorthWest Copper Corp V.NWST

Alternate Symbol(s):  NWCCF

NorthWest Copper Corp. is a copper-gold explorer and developer with a pipeline of projects in British Columbia. The Company's principal activity is the acquisition and exploration of mineral properties in Canada. Its Kwanika project is located in the prolific Quesnel Terrane, which hosts numerous porphyry copper-gold deposits such as Mount Milligan, New Afton, and Highland Valley. The Company holds a 100% interest in the Stardust project, a carbonate replacement deposit (CRD) located in north-central British Columbia. Its East Niv project is located in British Columbia, which lies within the territory of Takla, the Tsay Keh Dene, and the Nii Gyap Hereditary Chiefs of the Gitxsan Nation. The Company’s Lorraine project is located in northcentral British Columbia, which comprises two contiguous properties: the Lorraine-Jajay and the Tam-Misty properties. The Company also holds other properties located in British Columbia, including the Arjay, Tchentlo and Croy-Bloom properties.


TSXV:NWST - Post by User

Post by pulcanon Nov 27, 2020 8:45am
790 Views
Post# 31987706

Kwanika revaluation + Eric Sprott method = Juniors

Kwanika revaluation + Eric Sprott method = Juniorshi all,   As copper continues to go higher and higher we hit another 5 year hgh of  $3.40lbs we need to remember one thing about Kwanika Copper Corp.  The valuation of this asset is now no longer viable and is in need of correction. Once this happens the share price of Serengeti Resources will move higher and higher. Now is the time to review this if you are still in this stock like i am. So to help you with a clear proof of how far we off.  See link now from the presentation this year from the AGM.  Go to page 8....https://www.serengetiresources.com/site/assets/files/2946/sir_corporate_presentation_2020-11-17_agm.pdf    You will see the last technical report was done back on 2018 numbers for Copper and Gold + Silver.  We are so off now as Copper today is on fire and above the price of $3.25lbs...Also, as per the open call in our meeting last year in October to discuss the PFS being pushed back the CEO mentioned on the open call the exact new valuation cannot be disclosed. All the work done on Kwanika in 2019 with Joint venture partner Posco Daewoo is under strict disclosure. So until we get more results very soon and all the new drill results come in. This is very high speculation we can see much higher prices in Serengeti Resources stock price move past .40cents to a high of .50cents.  Just on the new copper price today being over or just hitting $3.40lbs and moving towards $3.50lbs puts this stock in a sweet spot to own. Also, just to help you remember Eric Sprott and his method of finding these juniors when nobody wants them.  He was always looking at the asset in the ground and how big it can be when the PRICE IS RIGHT!! for the metal.  see link now and read the blue print.....https://americancreek.com/index.php/media-page/18-electrum/detail/410-electrum-66?tmpl=component....Now looking into December this stock can be a wild fire in a forest if the news coming on drill results are long strike and deep. So for that statement we need to be careful for those who need to take some money off the table and sell some positions. Always remember what happened back in October 2018 as some of you lost money when the stock was shorted and sold off!!  We hit a quick high of .60cents and crashed back under .30cents.  We must take profits always and i posted this so many times to always pay your bills, If you have debt pay it off.....there is nothing wrong selling some shares and take profits as you can always get back in.  Remember we are playing black jack right now and holding your cards is a 50/50 chance. As for myself i'm waiting and not selling or buying. So good luck next week as this stock just on the merit of work and the confidence of this management team to hang in there to drill more should be rewarding.  Cheers and good luck on your trading......
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse