Nevada Copper Corp NEVDQ

Mind blowing

[Datsun55]

How an operating copper mine with plans for an open pit mine and copper prices on a bull run is still struggling to break 20 cents.

[Notgnu]

True... a complete mis-priced asset. I am bidding more $0.195's.  N.

[Notgnu]

Select Action Quantity Symbol Order Price Qty Filled Avg Fill Price Good Through Status                                  

[666999]

No news maybe ;) Share price has go up without news, this is positive  Copper is up, share price is up, now company has to release good news Open pit has no value right now, only underground mine As share price, investors are afraid to buy, there is uncertinty about underground mine  Price can go in both directions...

[Notgnu]

To me the fact that all the drilling and engineering and, in particular, all the permitting is done on the open pit it does have value. My current, today,valuation for the open pit is $0.10 to $0.20... thus I buy.  Of course it does not mean I am right but I do believe myself more than the market at present so :-)) Good luck to all, N

[666999]

Agree, but copper explorers are down the drain right now, so no value for them  NCU has to deliver, when delivers open pit will become option  Strange times right now in markets, and I cant belive that HIVE is my best investment from November.... Everything can happens, I said in Dec., that Jan, Feb, will be consolidation period I was not wrong, juniors are safest place if crash or

[Notgnu]

At even lower than today's copper price the open pit (after cost of building and financing etc) would generate over $325,000,000 annual cash-flow (profit) multiply that by 6 multiple for a big steady state mine = about $2 billion divided by shares out is about $1.00 per share (open pit only)... so ??? N

[666999]

Why is Mkt cap so low, if there is so much copper in ground I agree with you, but for now market does not value open pit its simple as that Its history of NCU, nothing else, when undrgroung mine runs at 5000 tpd, another view will be made, and look in to the future towards open pit...

[patchh]

NCU pulled that OP w a lame excuse' a few weeks ago... > OP$$ numbers are factored in Ether ! NCU will not need the OP..  the stok will mature areound 4 to 6$;  w funding and construction of a new UG enterance..  NCU can mill and fil in SITU w/n the underground.. this will wipe a large royalty of f'f their annual mine close -2- the trust

[Notgnu]

Cool, cool. Interesting idea. Nomination: Independent s/h board member: full patchh. N

[patchh]

me thinks they may add a second UG w a new mill..  i hav questions about the location of the OP so close to the mine shaft..  if so !  they may go w a bond @ the end of year aftr they kick/qick them quanterra hiks -or- squatter N thir bak yard..  trading @ 0.08 and a pocket of first' Water Rites @ 5000 ac-ft.. that current mill may B at capacity for the uG,,  its

[Notgnu]

So... you don't think the back paste and fill at 1 mpa is enough to support an open pit on top after or is it strictly the location of the ore lift being too close to the future pit that you are wondering about? N

[patchh]

i am worried about the general location of the map v/s mine and siesmic fro the haul truks.. little bugg a-ssed tite.. consider !  ncu has been underground now - w drill in one hand and radar gear in the other..  i believe its techinical..  albiet lame excuse !! if they are smart - they build a new shaft and a couple of mills..  open pits a fraught w problems and simply do