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 > What is wrong/right with NCU?

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Post by neoscepticon Oct 28, 2021 9:20am

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Post# 34058034

What is wrong/right with NCU?

Hi, I bought NCU shares, because its market cap. got kind of greedy and already in quite a loss.
The company is ramping up production and has another very attractive project.
It is in debt to its neck, I got it, but it is normal for pre-production and beginers.
It has few setbacks and delays, but I think 80% go throught the same.
Some problems can be fatal, I had minor stake in one company that struggle with floodings and eventually closed its mine.
NCU problems looks regular to me.

Question - am I missing something? Did I catch a fallen knife and should run away screeming?
Or this is a classical Buffet's "time to be greedy, when others are fearful" moment?

I appreciate your opinion, both sides of view.

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