Nevada Copper Corp NEVDQ

Metals & Mining Copper

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.

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Nevada Copper Corp > Summary for new NCU buyers

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Comment by Notgnuon Apr 08, 2021 6:07pm

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Post# 32963802

RE:RE:RE:RE:RE:RE:Summary for new NCU buyers

My assumption... as stated was with $4.00 copper and a relatively steady state USD. Of course either could change a little or a lot. A meteor could hit the earth or a dozen nukes could land somewhere and these and other factors could intervene (area 51 perhaps???)

Not being on the BOD I am not part of the decision making process so like all other minority holders I, as you, as they can just speculate.

NCU was planning to build this mine on the long run assumption of $3.20 copper. If you believe in $1.00 copper best sell your Yerrington land and become lord over some other poor Fr's somewhere. If you believe in Goldman Sachs' and other positive views on copper then $4.00 is possibly too low.

If the financing is in the bank and a set of experienced builders are given flashy new high vis gear then, what 2 years to cash-flow? Maybe 4 years if a lot of bad luck and f'er ee were to happen... you tell me.

N.

bogfit wrote: "Total sales = about $900 million a year."

Personally I doubt that the UG will do that good this year, or the next. What year are you predicting reaching these sales and what is the price of copper and USDX then?

b.