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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 bogfiton Jun 30, 2021 12:32pm
129 Views
Post# 33473586

RE:Price action

RE:Price action "The price action over the last month -- 20 percent drop with no news -- is pointing to some bad news coming."

I disagree.  What you see is the exit of speculators in NCU just as they left the copper metal market.   With small miners the exit represents a larger percentage of shares and depresses PPS below fair value.
 
It is easy to misapply movement in prices as predictors of unknown events.
 
No one has a crystal ball.
 
b.

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