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Bullboard - Stock Discussion Forum 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... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Sober first look....
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Post by GGreen on Feb 21, 2021 11:24am

Sober first look....

Just going through the NCU board for general feel for the stock. Appears that some LT investors have a lingering (bad) taste due to past performance and the quality / integrity of some of the larger institutional/ funds. Could be incorrect but that was the general sense - which is good to keep in mind.

Having said that with the current tailwinds at a macro level (increasing copper prices, increasing industry demand from the EV market - its clear that this is no longer just about Tesla and the other new EV players, when established auto industry leaders are ALL jumping in with both feet on EV a focus, semiconductors is not going to be the only sector with shortages). 

For those that like XL spreadsheets and calculations: as part of my NCU DD I came across this interesting a video that walks through a detailed NAV / NPV calculation on NCU. I'd appreciate the views of NCU savvy  investors on the assumptions. Spoiler alert - conclusion supports jumping in at these levels (PS I never thought I'd watch a 30 mins YouTube video of someone going through a detailed XL file but actually thought it was interesting).

https://m.youtube.com/watch?v=hk_WhFu7FlA&feature=share

Comment by SNgu8000 on Feb 21, 2021 12:15pm
Welcome to NCU's board GG ( XBCer ) . Good 30 min YouTube , yep that video did circulate here months ago ( not mean un-appreciated ) , love to see you here , I did post NCU on XBC and to TT too months ago but maybe too risk for XBCers . That YouTube tell you all GG ( my opinion ) , read BB for fun : Rock ( NCU's mine builder since 2012 , thank you Rock , you are kind and patient guy ( with ...more  
Comment by Arbourmark on Feb 21, 2021 12:28pm
Thanks for sharing GGreen, excellent analysis and just gets me more excited especially when he plugged in $4.50 copper which we are fast approaching that fair value would be $2.28 per share. There is certainly lots of upside and most of his analysis uses $3.20 copper but with the huge demand going forward for copper and limited supply of copper, I do not see that being a reality and $4-$5 copper ...more  
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