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 > Copper close to a 9 year high

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Post by Notgnuon Feb 08, 2021 1:37pm

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Post# 32502529

Copper close to a 9 year high

Nice to be just at the very early stage of extracting the high grade underground ore while copper continues up.

A majority of the investment in proving up and building this mine came from shares issued at much higher prices and while the copper outlook was anemic and copper was trading below $3.00.

Now is the right time to accumulate. Earnings will, of course still be negative for a year but cash-flow cometh soon and with copper over $3.50 the longer term profit will be imense and will pay this asset off very quickly, including the cost of building the (permitted) open pit portion.

Cheers,
Notgnu

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