GREY:NEVDQ - Post by User
Comment by
Arbourmarkon Mar 27, 2021 5:34pm
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Post# 32893625
RE:RE:RE:RE:RE:RE:RE:RE: COPPER WILL BE THE KING OF THE COMING COMMODITY SUPERCYCLE
RE:RE:RE:RE:RE:RE:RE:RE: COPPER WILL BE THE KING OF THE COMING COMMODITY SUPERCYCLEThanks Westcoast1000,
I believe NCU has tremendous upside and very little down side as we enter the beginning of a commodity super cycle with copper demand to continue to grow to the point demand out strips the supply thus increasing copper spot price.
NCU certainly has had its issues but I believe most issues have been addressed. We should have corporate update on outstanding upgrades to additional ventilation and electrical upgrades and the company also announced higher grades of copper from 2% to 5% which again just increases our overall valuation.
The markets are not even acknowledging that we have huge track of land and have fully permitted open pit in a very safe and secure jurisdiction.