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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

Post by rockhound3on Nov 21, 2021 11:38am
516 Views
Post# 34150604

Gann: we note that you only joined stockhouse

Gann: we note that you only joined stockhouse

2 months ago and likely don't have much of the history of What has happened under the effective control of PALA!

One of the  key pieces which is missing is understanding that when PALA took over the stock was somewhere between 70 cents and $1( possibly NGU can give us the actual #)

The takeaway is that inspite of all the development that has occurred NCU stock has dropped by approximately 90%!

Further this drop has been very helpful to PALA which started out with an average share cost of over $ 4.00 per share  but are now down to  a number below 50 cents ( again NGU will you provide the calculated number)

Now maybe this is all covid related, or is just incompetence however TOO MANY have experienced very significant losses ( both realized or unrealized losses on NCU stock!

Put another way " Would you buy a used car from PALA?"

 Now many ( myself included) realize that NCU is seriously undervalued but won't buy as they don't trust PALA!!

Rock


 

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