Nevada Copper Corp NEVDQ

Great update

[nofluff]

1rst stope to b mined at 2.5%. I believe that is copper equiv. It would b nice if gold and silver were on top. Perhaps someone here knows.

Only a couple months away from steady 5000 tonnes per day.  No mention of any further funding needs. Higher grades and higher prices should be meeting expenses.

Great update.

nf

[patchh]

goldNsilver should be included in thier earnings reports...   should be getting a small chunk of the offtake - around 70% ???  otw - nevada is mostly heapNleach - need a difrent permit for this activity...

[Notgnu]

The gold and silver in the underground portion (very small percentage) is already forward sold for about $75,000 000 if I remember correctly... It was money used to fund the mine construction. The open pit credits have not been sold forward or streamed etc. N.

[patchh]

they will run into a mile of SHottt from the ranchers heaping -4- gold in that valley...  those m ines are siting dead bang' downtown yearington.. little dust noise is cool..  toss in cyanide and a little mercury (its still used here in nevada) mite pull that tree hugger from reno....

[Notgnu]

Due to the volume nature of open pit vs underground mining I think the gold and silver credits are worth a lot more. The ratio of PM's to copper is about the same but the tons per day processed will be about ten times as much thereby the gold and silver credits should be worth about 3 times what the underground PM's were worth. Furthermore, the underground credits were sold at a time that