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 > Why isnt the target price at least $3.15?

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Comment by Notgnuon Oct 10, 2021 2:55pm

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Post# 33993661

RE:RE:RE:RE:RE:Why isnt the target price at least $3.15?

I agree it is unlikely but I never say never. If copper were to drop to $2.50 or below (for instance) for some reason then the assets would not sell for much.

FYI: As you may guess I remain very bullish though,

N

bogfit wrote: "Could you lose all in the attempt... "

How? Could you provide a scenario that ends with shareholders with nothing? Even in a BK, the assets are sold and the revenue is divided up among claimants. That includes the value of the reserves, which would be bought at auction, prompting a bidding war, and would be sold IMO for more than the company owes.

Toss in a small newly producing mine and I can't see how the company shareholders would end up with nothing. Before all this happened, the smart move would be for a major to step in before the BK & auction.

b.