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 > Simply Wall st valuation for NCU

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Comment by patchhon Apr 26, 2021 6:14pm

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Post# 33071593

RE:RE:Simply Wall st valuation for NCU

the NCU stork is heavily diluted... NCU is in no position to finance the OPitt Construction/Ramp Up to 70,000 tpd..

the leverage is the new constructed mine or underground.. there is a little bluster abut 2.5% copper -but- it's Cu++) not in the buket yet.. it will B there in the fiscal end of year and will impact current stok price w/o the Opitt (not much chance of production in 2021)..

NCu is at a cross roads.. they will need a capp investment for a third party -2- move forward on the O Pitt/Construction.. most of the design and permits are completed -4- the band to start playing..

the venture capitol mix of the the mines financing -is- what created the large stock dilutions @ NCU..

this is to be expected and what the shareholders are in for presently.. reverse splitting the stok will have no effect on the dilutions..

completion of the OP w production (from investment capp) will increase the nev\gative P/E and effects of dilution - going bak to 2003...

should NCU complete an OP and shipp ore going into 20 monts from present day.. the stok on a reversal should hit mid capp TSX around 10-15 share; going into boxing day 2023..

otw - there is a lot of activity in the NCU arena... there are a few groups dragging thier knuckels/a given.. and then groups potentially striding for a more stable mining distrik w/o all the hostiles wreking managments (weak or strong) running the sho @ yearington..

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