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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 > What about copper?
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Post by bogfit on May 21, 2021 9:04am

What about copper?

It amazes me that the price tracks commentary so closely.  Beginning last Fall the commentary was all about E/V – solar and the speculators came.  Then copper over shot and corrected, speculators bailed, and now the media is questioning if the commodities cycle is done.  No, it’s not, but speculators are now wary.

Give it a couple weeks and the drum beat will resume.
 
b.
Comment by bogfit on May 21, 2021 11:18am
"So acute is the shortage of new substantial discoveries, S&P says the medium-term development pipeline is at risk. Even if projects with a low probability of advancing through to production come online, copper demand is expected to substantially exceed mined output by 2028, with refined supply deficits expected to start in 2021. S&P cautions that of the 229 major discoveries ...more