Nevada Copper Corp NEVDQ

Metals & Mining Copper

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.

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Nevada Copper Corp > Back to Copper for a minute

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Post by Rational43on Nov 27, 2020 1:07pm

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Post# 31990094

Back to Copper for a minute

Hate to get off topic, but Copper is playing out an 11 year double bottom W that bounced from 2016, and is running easily to $3.50. From there it is likely to extend out to $4 over the next few years, co-inciding with plummeting copper inventories on LME and Shanghai.

Prices like this are a Godsend for NCU.

IF they can get and keep production at a decent level, then this is a multi-bagger for investors. At $4 Copper with a running mine, this stock is worth 10 times its current price.
Is Resurgent Dr. Copper About to Relapse? - CME Group