Nevada Copper Corp NEVDQ

Industrials Conglomerates

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 did NCU get hit so hard?

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Comment by Snakebite18on Dec 13, 2021 12:54pm

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RE:Why did NCU get hit so hard?

In a nutshell - COVID 19. World demand, shut downs world markets etc. Typical story for a lot of companies. Like I said before, the fact that their still standing says a lot. Not only that, they have plans for "recovery" in 2022. Also the fact that investors and institutions are willing to stand behind them for 2022, showing support for them to recover, speaks loudly as well. Again, no guarantees, but just doing a little digging and the general consensus I found so far was 2 buy ratings and 1 hold at this level and time. As they say the fall is easy, it's the climb back up that's going to take some hard work and time. IMO at this time, I think because there still standing, where others aren't, will be a big part of there recovery story. Fingers crossed $$$$$

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