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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 Jun 09, 2022 7:45am
176 Views
Post# 34742802

A DECISION?

A DECISION?

 As noted investing is about DECISIONS!!

Specifically what should one do?

I own both NCU & NAU ? 

I have a large % loss on NCU  & a large % gain on NAU

NAU has a cost of 40 cents a share and based on its excellent drill results is at 77 cents and could run to $3.00 plus which would be a 3.9X gain!

NCU is at 38 cents and could recover to Y?

One way to look at the decision is to consider if NCU will run to $1.48 which is 3.9 times the current price? This MIGHT BE possible  given I sold some at 2.60 a year ago

HOWEVER it is important to consider whether one is making a BUY decision or a SELL decision!= the issue being "WHICH STOCK HAS A GREATER RISK OF DROPPING?

Thus I won't be buying any NCU
rather buying more NAU. (which I did this week)
however I won't be selling any NCU!

I encourage others to comment since this is how we learn!

We are on this planet for only a short period = MAKE THE BEST USE OF THE TIME!


ROCK

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