RE:Again and agianSure... NCU... Nevada copper.
Bottom has been put in. Bankruptcy risk is gone. Copper is way above all their base case assumptions. Copper will be strong for a decade. They have a permitted open pit to develop in a couple years. The underground mine is just brand new and about 1.7% copper with a name plate run rate of 5000 tons per day. They will reach the full 5000 in a few wekks and are at about half of that now. They are minimally hedged. No insider selling for 10 years. Cashed up after having been pummeled by a Covid shut down that caused a big dilution 6 months ago...
Thank me later this year when it is $0.45 to $0.60 (300% +) and maybe double that if copper goes where Goldman Sachs predicts in 2 years.
Cheers,
Notgnu
Greenbottoms wrote: I love how investors like to promote play on other boards when it's an exit and not the buy. I do like the leads to other plays but it's a rarity when one is at a fair entry point. I get the game load up and promote. But I would love for some one to share just once a bottom plays in a sector with support ... everyone that I get invited to look at are trading at or around the 52 week highs . If a play has a low of .06 and a high of .22 and you're promoting it as next to pop .. my god it's done almost 400 % the easy gains are gone. Here's a breath of fresh air as I'm your bottom finding friend. I'm liking the water sector as most of the sector leaders are pushing their highs.. but some low Mcap plays in this space I have recently found that I strongly feel are undervalued are cli which I have spoke about before and has amazing tec. At. .03 off bottom which was one but been down for years and a reversal just happened I believe it will traded to a. .10-.12 on next news cycle. Lots to like about back in 2017 won coveted best practise award... but the one I just found and have started to buy is dwr .. dwr owes water rights for almost 50% of Quebec natural spring water. It's trading at .10 low of .06 high of .50 . And sits around 7 million mcap. What do you think half of Quebec spring water is worth.. a lot more then that!! I should add they have unique mineral compound in some of their reserves. And just started to find shelve space in IGAs in Quebec .. good luck go all here and in your other holders. Please send bottomed our plays my way if you find...