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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

Comment by Arbourmarkon Feb 26, 2021 9:36am
128 Views
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.
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