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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 rickwayne1982on Jun 20, 2024 3:33pm
149 Views
Post# 36098618

Who is buying the Pumpkin Hollow asset?

Who is buying the Pumpkin Hollow asset?
There are investors out there with pockets so deep that they can afford to buy, hold and maintain the Pumpkin Hollow asset until copper prices sky rocket before starting to produce. They can explore the land in the meantime and start a massive drill hole program since, as per earlier 2023 press releases, this land package has barely been explored... It would explain why the spokesperson at Nevada Copper doesn't expect operations to continue and may not require as much staff. But then again, I only take what I read with a grain of salt... perhaps with some tequila when I meet Patch one day.

I understand why such a huge percentage of ownership belongs to Pala, Mercuria, Solway and Castlelake at this point.

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