Nevada Copper Corp NEVDQ

Metals & Mining Copper

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 > Freaky Friday today........AND...

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Post by quinlashon Jun 07, 2024 11:20am

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Post# 36077628

RE:Freaky Friday today........AND...

NCU's situation has now appeared in mining newsletters so everyone involved in the sector will either know, or know shortly as to what is going on. Any company interested in expanding its Copper Ore capacity may be preparing to call up NCU to offer a deal.

From what I can see the funds needed to compete ramp up isn't all that much. Current backers may indeed be at their max for the investment but new money needed is far less than cost to bring the mine this close to being at fill nameplate.

US federal grants or bailouts may be available as well considering copper is part of the national security list of commodities.

I'm not going to try and paint a picture that's all roses and sugar plumes but there are possibilities out there resulting in this being salvaged

JMHO

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Geologica Resource: Polymetallic upside at a depressed price