Nevada Copper Corp NEVDQ

The beatings will continue until morale improves!

[metalhead666]

I watched interviews with the now former CEO and always thought he was more suited for mucking out the stopes than running and representing the company.  Totally inarticulate low IQ lump. Good ridance.  This doesn't speak well of the board either for having appointed him in the first place.

More dilution....I think it's fair to call them a serial diluter now

Delays....Mining is a horrible business and the first half of next year is a long way away....BUT....this is only the start of yet another problem....the "market" and the price of copper.

Consumer Confidence....that number from U of Mich was worse than horrible...it was a historic drop. 6 times out of 7 in the past when it fell this much this fast the economy became a dumpster fire. I suspect with this drop and the Covid variants running wild that the economy and "record high" stock market is in for a serious dump. If the masses, especially obese indebted americans stop feeding at the trough of mass consumption then copper demand is about to hit a wall. China is already dealing with a significant slowdown too

The future.....I do not own shares anymore...I've traded it 3 times but it's quite clear that significant issues remain. I'll put it on my watch list but I suspect, given the above, that this stock has quite a way left to fall. A further 50% wouldn't surprise me. When even more risk is wrung out of this I'd be tempted to accumulate again but not anytime soon.

Friday night news....That's never good...it's really bad policy as everyone knows what the vain hope is...that they avoid a massive dump in the stock...not likely to work....I suspect that if you own stock you're going to get a significant haircut Monday morning

I own no stocks now....I think the entire fraud of a casino is in trouble as hope and the robinhood deliquents get a taste of reality....markets can drop. When they do, everything goes down the drain together. I think all the risk is to the downside now...I have a modest short on via SPXU and will trade the tumble for a while

Eventually this project gets it together...they'll have to do the share consolidation, the underground will find it's footing, the OP will get built but in the meantime there's no reason to own shares here unless you're a glutton for punishment.

Sorry holders but you should have had your spider sense tingling over the last few weeks. If you can endure the pain you'll probably prevail in a year or two but that's not something I'm good at.  GL