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Nevada Copper Corp NEVDQ

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

Post by rockhound3on Feb 24, 2021 8:25am
274 Views
Post# 32644985

NGU has certainly put a lot of time into his analysis with

NGU has certainly put a lot of time into his analysis withAn end result of 80 cents. 
I went on the internet and came across a number of different  items including a value of over $8.

And while copper is humming with expectations of going  higher there are a number of concerning comments including the following;

- the company is rated as a “hold”

- the company is incurring significant professional fees

- the reports of significant problems with ramp up

- very concerning press releases which seem to indicate that clarity and honesty are not at the top of the list of principles to follow!

- hopefully copper will continue to improve and the company will  slowly and carefully gain  a buy rating! Certainly honesty and full disclosure need to improve, 
 
In summary NCU has lots & lots of upside potential! However  be careful since there is significant doubt as to the abilities of the young men in Zug to listen to the highly experienced directors and current CEO!

Rock

 
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