GREY:NEVDQ - Post by User
Comment by
Arbourmarkon Feb 26, 2021 9:36am
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Post# 32669642
RE:The shorts are playing with the SP
RE:The shorts are playing with the SPThe shorts are playing with fire in my opinion. Once we gather some momentum the big squeeze will happen.
NCU has proven and probable reserves! The underground is complete but operating at 35% capacity as they tweak issues that they identified during commissioning process. This is normal in a new mine, new manufacturing etc.
The open pit is permitted and we have more land still to explore. NCU is in a secure mining friendly country and state.
We have new CEO with a proven track record and experience in the mining sector.
The largest shareholder has deep pockets and average cost per share is around .50 cents.
We are early in a commodity super cycle and the world is going green and copper demand is quickly outstripping what can be produced. Copper is at 11 year high trading above $4 on its way $5. This mine will soon become a cash producing cow and the current share price is well below true value.