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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 Notgnuon Mar 11, 2021 10:52pm
206 Views
Post# 32782812

RE:RE:Copper could go to $6.00 and if it does NCU could go to $2.0

RE:RE:Copper could go to $6.00 and if it does NCU could go to $2.0Of course if copper were to get to 6.00 in short order then the question is what would buyer and seller (Pala) agree on. In such a situation I could see a buy-out at around $2.00 CAD

Notgnu wrote: Quick calculation on $6.00 copper using a 6 X profit multiple

Underground at nameplate: 

  • 65m pounds /yr x $4.14 profit = $269 million X 6 multiple = $1.6 billion / 2billion shares = $.0.80 USD per share 
 
Open pit:

  • 250m pounds /yr x $4.00 profit = $1.0 billion X 6 multiple = $6 billion / 2 billion shares = $3.00 USD per share
 
Added together = $03.80 usd per share = $4.77 CAD per share 



rockhound3 wrote: Just a question of when.

PH has a lot of copper ! As it gets  measured so will the interest in the stock price!,

Stay tuned This company has a future !, 

be carefull 

stay safe

Rock




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