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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 JayGriffon Aug 31, 2023 2:31pm
217 Views
Post# 35614286

Gains from theoretical sale (Continued from previous post)

Gains from theoretical sale (Continued from previous post)Sale of Nevada Copper with Evaluation 1: 
Pala Receives approx.: 0.60 CAD / share  (Incurs losses from average price per share of .71 CAD)
 
Sale of Nevada Copper with Evaluation 2: 
Pala Receives approx.: 0.70 CAD / share  (Approximate breakeven from average price per share of .71 CAD)
 
Sale of Nevada Copper with Evaluation 3: 
Pala Receives approx.: 0.93 CAD / share  (33% increase from average price per share of .71 CAD)
 
Sale of Nevada Copper with Evaluation 4: 
Pala Receives approx.: 1.07 CAD / share  (54% increase from average price per share of .71 CAD)

Conclusion, IMO, based on Pala's current average price per share, Nevada Copper wouldn't sale for anything below Evaluation 3. Who would hold for 13 years and invest close to 500,000,000 CAD for just a menial 33% gain?

So I think Evaluation 10 is more accurate.

Abundance!!
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