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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

Comment by westcoast1000on Apr 07, 2022 12:05pm
109 Views
Post# 34584541

RE:RE:RE:To be CLEAR I am NOT suggesting

RE:RE:RE:To be CLEAR I am NOT suggesting The basic reasons why long term holders have seen big declines in share price:

-Buying a mine property long before metal is produced means yu suffer the dilution associatied with mine financing.

-The ug mine was designed to manage to get value out of the deposit when copper prices were stuck at around $2.50 

-all ug mines suffer start-up difficulties. This site is difficult with water underground, although that was long recognized. 

People who bought long ago bought too early. Buying today one is able to buy at roughly 30% of the average cost of Pala and roughly 20% below their last placement. 

Please no more whining about how badly shareholders have been exploited. Pala has provided the capital to keep the process going forward through a deep deline in copper prices, a pandemic and now suplply chain shortages everywhere.

The reason we are all here is because of the deposit. Pala owns it and our interests are aligned. 


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