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.

GREY:NEVDQ - Post by User

Nevada Copper Corp > NCU is subject to a take over by mid tier copper producer

<< Previous

Bullboard Posts

Next >>

Post by krightg9boon Feb 22, 2021 8:36am

181 Views

Post# 32624497

NCU is subject to a take over by mid tier copper producer

Because of its financial difficulties and with the price of copper going up while they are ramping up production, some mid tier producers are certainly looking to put their hand on an asset that will contribute to the balance sheet almost right away.

In 2010, NCU and Capstone had talks together that never concluded in joining forces at that time. Capstone went up 600% since last year, are in a good financial situation, and have already a mine in the US in Arizona, one in Mexico and one in Chili. These 2 companies know each other well and could surprise us soon with a friendly merger. My guess is if it happens on the short term basis, it could be at 0.40 share price if it is this week to - 0.60 in the next 3 month.

GLTA

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?