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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.


GREY:NEVDQ - Post by User

Nevada Copper Corp > Down from a high of .315 to .165 a share
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Comment by westcoast1000on Aug 06, 2021 7:07pm
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Post# 33667488

RE:Down from a high of .315 to .165 a share

RE:Down from a high of .315 to .165 a share These are not shameful times for NCU. 

These are mine start-up times.

The comments from the Diablo are bizarre in my view, but sadly typical for an impatient retail investor.

Unless you believe the company is lying, then we will have full production of 5000tpd of material mined which leads to about $10 million a month net of all costs, depending on a few variables like price, recovery and grade. That is enough money to pay off all debt of the company in 12-15 months.

How this is shameful is beyond me. Things take time to get right when trying to open any industrial facility, let alone a mine that will make shareholders over $10 million a month at real current prices for the next 30 years or so.

Let us be adults here and think a bit about our situation. The curretn share price is a gift, and below my average cost. But I have so much NCU already that I am not buying more.


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