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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 Notgnuon Aug 19, 2021 9:26pm
189 Views
Post# 33737980

RE:RE:RE:RE:NOTGNU

RE:RE:RE:RE:NOTGNU Currently you are buying at about 1/3 of Book Value; and at about 15% of Net Present Value; and at about 20% of Pala's cost average... so maybe you can get it at 1/2 of that or even 1% of that but I doubt it.

Anyway, if I had a big chunk of change drop into my account I would unhesitatingly buy every share I could at this price... Yes, that is just me and I am not advising anyone else to do anything. 

N

MarkAble wrote: 25% more dilution in nine months is a heckuva lot of dilution. And there's nothing to say there won't be more dilution. At these low penny stock levels the whole enterprise looks pretty shaky and very risky to me. I thought six cents looked bad back in 2020. Now sub 10 cent closings look like downright scary to me especially given the higher copper prices and further (though at great cost)
infrastructure. It is tempting to jump in and buy at these levels but then again ....maybe not.


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