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 > The gambit >>>

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Post by Notgnuon Aug 09, 2021 2:11pm

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Post# 33672777

The gambit >>>

The share price over the last week or more is clearly indicating that there is some less than stellar news coming.

The big question is whether that is now priced into the stock. If the news is bad, yet not as bad as the price is forcasting, then we could get a pop on bad news.

If the mine is full right to the top with water and there are just a bunch of yellow hard hats bobbing around at the surface at the lift, I think that would have made news.

At the current price of copper we could probably strip all the electric cabling out of the undergrond and pay off all the debt and then sell the remaining property for 50 cents a share.

What traders will do in the next few days is everyone's and anyone's guess.

Good luck

Notgnu

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