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 > NCU >>> pumping >>> FFS

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Comment by Notgnuon Jul 06, 2021 12:32am

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Post# 33497457

RE:RE:RE:RE:RE:RE:RE:NCU >>> pumping >>> FFS

Try and overlay a copper price chart or May and June on top of NCU's price. Note the end of June through to now the lack of news, low volume, and share consolidation uncertainty has temporarily dropped NCU's price versu copper.

News will come and when volumes pick up I doubt we will be down here for very long then (barring very bad news or a huge drop in copper)

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Notgnu wrote: My gues is that we are back on trend for $4.75 to $5.00 copper EOY and $5.50 avg in 2022 and beyond. NCU is massively leveraged to the upside in copper... that is just a fact of math (unless they hedge a lot of course.)

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Paramount wrote: I have also looked @ long term outlook for copper,which is positive tho i suspect may be closer to $ 4.00 than $10.00 but positive none the less.The overiding factor is the ability to ramp-up production UG consistently to reach positive cash flow and then look @ the open pit.We are1/2 way thru 2021 and 5000tpd is nowhere in sight.Copper in the ground will not increase S.P.