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 > Regarding all talk about MANIPULATION >>> Explain to me >>>

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Comment by Notgnuon Jan 12, 2022 2:10pm

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RE:RE:Regarding all talk about MANIPULATION >>> Explain to me >>>

Thanks westcoast.

I think you propose a likely scenario. It is the simple explanation and the simple explanation is often correct.

Perhaps the marginal (tail that wags the dog) investor is unwittingly and unknowingly moving the price at this point. That is after all the way the market is set up to work. NCU is speculative due to many factors which will mean either failure or success depending on how those roll out. The price of copper is a big one in that scenario.

To the extent that it is normal market activity that is taking place, then my visualization is that of a flat baking pan with a little water on it. Everyone is watching for a tilt. As soon as it tilts a little the (spec money, water, etc) rushes to the other side. Yes, this is the same as saying that the stock is simply leveraged to production results, cost and news thereof, which in turn, just means it is volatile and could explode upward or drop to a dime.

N

westcoast1000 wrote: Mrmomo aand Notgnu,

Thanks for the posts. I guess the issue comes down to this question: who is selling at this price and time, given we expect (with good reasons based on the company NRs) that production will be growing "soon". We can imagine why people would be buying. Why would people be selling?

Purchasers at .60 are now selling at .74?

That does not make much sense to me, but it may be correct.

It is the selling over the last few weeks that has kept the price down.