RE:RE:RE:Why I buy NCU >>>Okay patchh... I changed it. But now you have to feed the dogg it's de-worn medicine when it goes off barking into the void again and dragging it's stinky arsze across the pine splintered floor.
Some of the reasons that I own NCU:
Nevada, USA. A stable jurisdiction vs Africa and South America
Future open pits have gold and silver credits not pre sold in any stream deal
Future open pits are already fully permitted to allow 70,000 tpd production
A possible 100,000 tpd open pit mine was recently proposed
Copper is beyond the $3.20 price assumptions in the NI-43-101
Mill throughput may be increased 6,500 tpd from 5,000 commercial production specification
Partial commercial copper production about 3,000 tpd around end of 2021
Full 5,000 tpd in H2 2022
Covid uncertainty decreased with the recognition it is mainly a tempest in a tea-pot
No insider selling for 10 yrs despite past issues
Banks lending at reasonable rates
Some experienced labour available locally
A share consolidation of 10:1 completed mid 2021
Expansion drilling will add decades more resources to the already large resources
Potential risks include:
Problems with the mine plan leading to more cost (example: the dike crossing)
Copper price dropping a lot
Mine accidents
Another Covid shut down
Cost to build the mine is about $10m to $13m per month and this needs to be financed which does add some more debt until production over 3000 tpd
Cheers,
N
patchh wrote: vaccines programs ??
weekly testing - therapy has advanced; vaccina is contradicted for people less than 50 - good health...
the vaccines don't work...
many here will simply opt out / bisonbosters