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 > Sale price of $550 million for NCU

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Post by GigaMetals69on Sep 07, 2024 5:51pm

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Post# 36213378

Sale price of $550 million for NCU

Days of dreaming might be over for shareholders, but I find it hard to believe that a fully permitted copper mine with a boatload of the resource is just going to sell for $550 million. That's highway robbery vs the value of all the copper in the ground.

NCU reps. " oh we filed chapter 11 bankruptcy. Oh here you go Mr. Joe shmo. Just give us $550 million and the 19th largest permitted copper mine in the USA is all yours. I call bull sheet.

https://en.m.wikipedia.org/wiki/List_of_copper_mines_in_the_United_States

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