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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 quinlashon Apr 04, 2024 9:54pm
180 Views
Post# 35971806

RE:Copper price

RE:Copper price
Dudtycat wrote: Copper prices at 14th month high!!


While copper spot prices remain in the higher range of historical, or trend higher, we will see two things start to become possibilities;

1) The company will be getting additional cash coming in from the sale of the ore they currently extract or have brought to the surface already (stockpiles).  This "may" address the bit of additional cash needed to compete final ramp-up.

2) The appeal to large investors to provide financing to the mine increases therefore making the possibility of additional lenders stepping forward higher.


As retail investors we will likely only know after a Press Release is issued.  Very rarely will you see this leaked out in an article / report.





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