GREY:NEVDQ - Post by User
Comment by
Dragonflyinveston Oct 23, 2024 10:24am
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Post# 36278406
RE:Time to stop the beating...
RE:Time to stop the beating...I think we are on the same page in regard to the risk evident in mining start-ups, however I was reading this board years ago while long-time players in copper expressed their analysis showing the real potential of Nevada Copper and the Pumpkin Hollow project, IF properly developed and managed.
It was the “commodity bust” that began the long decline in the project’s fortune. When asset bubbles ran out of buyers, the stock crashed and painted a disastrous chart discouraging anyone from risking their money.
We could probably think of another dozen things that depressed the stock’s price, but the point I wish to make is that Pumpkin Hollow was legitimately quite a promising project early on in 2012 and it was subsequent mismanagement and lack of capital that ruined their chances.
The copper’s still there and the district is getting more interest. IMO Pumpkin Hollow will be built although arguing about blame is worthless; curiosity and a look to the future development continues my interest in the story.