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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 > Why sell now?
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Post by westcoast1000 on May 14, 2021 12:56pm

Why sell now?

I cannot understand why people would be selling here. What for, other than a margin call. Yes once could take profits if you have been here for a few months, but that requires you to buy back in lower if you believe in the company.

How can you NOT believe in the company, with copper prices where they sit now, and the UG mine coming on line?
Comment by DiabloRojo on May 14, 2021 1:06pm
Its all about results - if management can't deliver the sp will likely be affected.  As well, I am sure shareholders didn't like the gut puch dilution that has occurred twice in the last 12 months...  its proving time for NCU - show us the money, show us the production results....  This is what will move the sp needle....
Comment by Notgnu on May 14, 2021 1:17pm
All you have to do is re-read the Jan, Feb and March news reports to know that there will be no money coming this first quarter. Any other way of putting it is IMO simply a way to encourage disappointment and a very temporary share price dip. I already trimmed some in the 29 / 30 area and will buy the dip if people are that scared otherwise I will buy those ones back a cent or two higher if I ...more  
Comment by DiabloRojo on May 14, 2021 1:25pm
Nothing but noise - shareholders want to see real value, positive results and no more dilution.... 
Comment by Notgnu on May 14, 2021 1:32pm
Diablows, metalheads and fishoups want to sell ahead and see a dip to buy back or cover shorts with. The company doing F'nn fine mate... they are building a new mine and that kinda shitzz takes a little time. If all was perfect the share price would already be double ++ So chill and let the market do it's job. N
Comment by westcoast1000 on May 14, 2021 1:38pm