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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 > Bought my first shares today
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Post by on-target on Mar 29, 2021 3:02pm

Bought my first shares today

Saw a video with Anthony Milewski with "Nickel 28 Corp". The interviewer asked if he bought any copper stocks. Anthony mentioned one of a sh price of $18. I passed on that. He also mentioned "Nevada Copper Corp" I saw the price (NEVDF:) OTC: $.14 . For a producer? I said, what's wrong with it? I did 3 days of research. Ok, mistakes were made to put it  in very simple terms. They have big money backers who will not let this go bankrupt.
   They now have very agressive plans to ramp up the U/G mine in a robust way. The open pit mine should be up and running 2023.  

    The way I see it is for just $0.14 sh I can have a copper producer that can be worth, well who knows, $ 6.00 sh?  (it was @ $6.00 at one time) Maybe in 10 years it can be $20.00 sh? If, that happens then that's $4 million to me with 200,000 sh.

   So I bought 200,000 shares at 9:30am today on the OTC: NEVDF
Comment by Notgnu on Mar 29, 2021 3:45pm
$6.00 is agressive without a long term copper confirmation up around $5.00 or $6.00 also. $0.45 to $0.60 is a gimmee now on my napkin. $1.50 to $2.00 easy if 2 majors come azz sniffin. N.
Comment by patchh on Mar 29, 2021 4:14pm
the slide sho looks like it was tailored for investors..  with geo issues.. there are not many buyers who will fill a complete bill..  i am beginning to lean towards a money bank..  there a couple of nice highlites..  ansd yes i read between the lines - kinda like my cat w no hat types - etc..et.al.. """big money backers who will not let this go bankrupt.. that ...more  
Comment by on-target on Mar 29, 2021 4:21pm
notgnu, A quote from Bank of America, "WE think copper can once again rise above $4.54 LB, at some stage"     Now then, I'm not a pro at determinining what share price NCU can be a year from now, 2 year, 3 year. Who can till production starts and produced copper data is made public.     But the fact is NCU was @ $6.00 at it's history. Why can't do it ...more  
Comment by Notgnu on Mar 29, 2021 4:54pm
An analogy works well. 10 years ago you bought 10% of a $1m house with 9 friends. The house went up and down and up etc in value due to the real estate market. You all decided to renovate it to make it worth $2m because the market was up a couple years later so you borrowed money. Then the real estate market (and rents) went down and you needed to bring in 40 more partners to pay down the loan ...more  
Comment by Notgnu on Mar 29, 2021 5:15pm
The addendum to this story is that for the last ones to buy in, it turns out it was okay not to sign a long term rent deal just before the health authorities shut the house down because now the rent price (copper) is much higher than before ($4.00 instead of $2.95  last July) so when the rent starts coming in you will make out like a bandit, but other people (mice) are to scared to come out ...more  
Comment by on-target on Mar 29, 2021 5:42pm
notgue, you said, "Does this help or make sense?"  How does anyone know what helps or makes sense to you.  You're the only one in your tiny angry brain. Bank of America Corp. W/  Total assets $2.26 trillion says they think Copper will go as high as $4.54LB  Earlier this week, Citigroup made a huge call on the copper price for 2021 and 2022, forecasting ...more  
Comment by nofluff on Mar 29, 2021 4:04pm
Good sleuthing target. Just hold your shares and if u need cash, just borrow from bank. You should look at ame and htr. nf
Comment by bogfit on Mar 29, 2021 4:22pm
"   They now have very agressive plans to ramp up the U/G mine in a robust way. The open pit mine should be up and running 2023. " Now, you are dreaming.  There is a bit more required than just aggression in building a billion $ mine.  They may start to build, but unless Hudbay builds it will take at least 5 years to first pour.   BTW - No one cares how many ...more  
Comment by on-target on Mar 29, 2021 4:39pm
Bogfit, read the NR. "Commissioning of the Main Shaft hoist is complete" "The repurposing of the East North Ventilation Shaft is on-going and on schedule in support of the installation of the surface ventilation fans." "Additions to the mobile production fleet were deployed in February as planned, with final pieces of equipment to follow on schedule in Q2 2021. " ...more  
Comment by slewfoot2 on Mar 29, 2021 4:33pm
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