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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 > Question
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Post by fishmillion on Mar 06, 2021 10:52am

Question

Hi all... has anybody done the calculation as to the reduction in ncu's sp when copper goes up.... ie. If copper goes up 10 cents , how much does ncu' sp go down?....
Comment by Notgnu on Mar 06, 2021 11:26am
Yes... it works out to about 2 cents down for every 10 cents copper goes up. When copper goes to $5.00 plus we will have to pay a monthly to keep the mine running. If copper goes to $0.50 we will be a rock'n it. N.
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