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Nevada Copper Corp T.NCU


Primary Symbol: 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 Aug 14, 2024 4:52pm
460 Views
Post# 36179282

Target MarketCap of $661,933,584 CAD in September 2018

Target MarketCap of $661,933,584 CAD in September 2018This is a screenshot from an old post (September 2018) by a former Nevada Copper Analyst (Sam Crittenden). He states that Nevada Copper represents an attractive takeover candidate and would be a flagship asset within a mid-tier producer. Note, in September 2018, copper was $2.62 USD / Lb and there were 661,933,584 shares outstanding (pre- 10:1) stock split.

The source of the article is below the image and I'm simply sharing this for any shareholder in NCU who may need that extra boost of positivity and remain faithful in a positive outcome. Remember... In June 2023, Pala converted 64 million USD of debt to 354 million shares via the exercise of warrants (That's 25 cents per share). They had until 2026 to exercise those warrants, and this demonstrates to me, lots of confidence in the Pumpkin Hollow asset.

Keep strong and keep the faith. If Nevada Copper's MC was evaluated close to $700,000,000 CAD back in September 2018, imagine what the bids are coming in at today, with $4.00 + / lb of copper and more demand for copper. Don’t let the floor bid discourage you – Insiders with shares know the true worth of the Pumpkin Hollow asset. They will want lots of money for those as well.


[img]SAM-C[/img]

Source - Globe and Mail Article

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