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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 on-targeton Apr 05, 2021 10:26am
252 Views
Post# 32936753

Price of NCU in the future?

Price of NCU in the future?  Will someone here please give me a speculative idea on about how high they think NCU's share price may reasonably go to after share consolidation (10 to 1 or 20 to 1 ?)  and also after full ramp up news? 

    I talked to Rich Matthews 04.03.21 He said "high share count can scare off potential investors both in retail and institutional, who because of internal controls and compliance, cannot invest in stocks with such a low share price point as it is now. This is one reason for a consolidation."

    Then Rich said, "if the company proceeds to have a US listing on the NASDAQ, NYSE or NYSE American companies must have among other requirements, a minimum share price of $2 US for both the American and NASDAQ and higher for the NYSDAQ main board."

    Then I see the SH price after consolidation up to $2, $3. Ok, I can see that, but what I'd like to know is how high after all this is done and lets say after 6 months or 1 YR or even 4 to 5 YR, how high may the SH price go to?

    I bought 620,000 SH last week..
    After consolidation, that sum goes way down. I need to know if its worth it for me to buy maybe 1M SH more.

    NCU said in a video that they're a mid tier copper producer. I don't have any idea about this kind of company. I buy companies that get bought out.

    Thank you
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