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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 cnynmanon Jun 24, 2024 7:55pm
100 Views
Post# 36104220

RE: My big q

RE: My big q
nofluff wrote: With copper averaging 2.50 a pound for a decade, ncu spends a billion on property. Two billion with compound interest. Then all of a sudden, with 4.50 copper can not raise the last 50 million to take it to name plate.

Seams weird.

Nf

A problematic, poorly performing, marginal deposit operated by poor management loses money and files chapter 11.
What is so difficult to understand or even surprising.
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