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 > Sign of the times?

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Post by bogfiton May 10, 2022 2:47pm

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Post# 34671457

Sign of the times?

"All of our mines generated positive free cash flow despite inflationary cost pressures, slow supply chains, and some COVID-19 related labor challenges," commented Phillips S. Baker Jr., President and CEO.

Bad time for a commodity drop, but a great time to add, if in cash. My one most favorite exploration company has dropped 30% in three weeks. Now just think about that! What possible value did that stock represent, if not sometime in another freakin' year or two? Whatever we thought of their chances before, how in the Hell could that have anything to do with the Fed rate? Nothing! It’s the same geological structure, the same damned drill report, etc.– none of that has changed. Putting a stock, you already thought worth the price on-sale 30% off? It’s madness out there

Hecla reports lower quarterly income as it feels inflationary pressures; says on track to grow silver output | Kitco News

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