Nevada Copper Corp NEVDQ

NCU Volume Today >>> Picking up >>>

[Notgnu]

Yesterday we had small volumes along with what looked to me like a big stop-loss steal.

Today we had big volume for a Friday. 

I noticed steady bot buys of 10,500 and 11,000 shares every couple minutes. Did anyone else see that?

Strange that we had no news this past week and now suddenly the volume is picking up. Is something finally happening or will we have to wait until Q2 is out to find out... hard to say.

We should now be at or near 3,000 tons per day and though the grade is unknown due to the likely mixture of development ore into the targetted stope ore a good guess might be 1.5%

At 1.5% about 27 pounds of copper per Imperial ton after recovery of 90% is taken into account.

So, even at 2,500 tons per day (half of the full 5,000 ton per day we will get in 4th qtr) that is 

30 days per month X 2,500 X 27 = 2 million pounds of copper per month (ramping to a target of 5 million pounds per month in 4th qtr.)

2 million pounds X $4.20 copper = $8,400,000 revenue of which $4,700,000  per month is cash flow ($1.86 all in cash cost removed)

The bills will be paid down very quickly this way. 

Forth quarter cash flow could be well over $10,000,000 per month or $120,000,000 + per year on a forward, cash flow basis from the underground only.

Cheers,
Notgnu

[Notgnu]

Basically to me, a double is a gimeee and a 4X + is possible by year end (although I have to back out the promissed cost of the FREE trips offered should we cap $0.75 on Dec 30, 2021... and I think we just might do so.) N

[patchh]

40/60  was a good target - shooting into space..  i think this was an accurate projection.. now fast forward a little.... reuters has in as of 7/4/2021 -w- a target of 35.. this makes the stok w wt @ 20 _ o.15 for 35...  EOY...  rite now its 20 + o.o55 for 255 on aq stok that is open msarket @ 200/205.. presently - the warrants are trading outOFmoney, and where this

[Notgnu]

The warrant volumes are very low on my info screen and unlike the stocks which often seem to come from other exchanges or pools, everytime I buy warrants I see my exact transaction show up. ============================================== A Warrants ate Open High Low Close Volume Change % 07/09/2021 0.10 0.10 0.10 0.10 15,900 +5.26 07/08/2021 0.09 0.10 0.09 0.10 51,000 +18.75 07/07/2021 0

[Notgnu]

Here are my own A Warrant buys Entry Date Sett. Date Symbol Description Action Qty Price Comm. Net Amount 08-Jul-21 12-Jul-21 NCU.WT.A WT-NEVADA COPPER CORP 29JUL22 BUY 52,000 $0.09019 $13.90 -$4,703.90 07-Jul-21 09-Jul-21 NCU.WT.A WT-NEVADA COPPER CORP 29JUL22 BUY 12,000 $0.08 $6.95 -$966.95 28-Jun-21 30-Jun-21 NCU.WT.A WT-NEVADA COPPER CORP 29JUL22 BUY 11,000 $0.09045 $6

[Notgnu]

If you line them up you will find some days in which I was the only warrant buyer or seller

[patchh]

irrevelant Mr Watson..  there R 500 M wts in circulation.. a few hundred hereNdare does not get the banna bak inside the peel... i un loaded margin last friday and went to Ca Bank Stoks for divident and hold..  i traded on two diffrent platforms w purchased going bak several days.. i saw this NCI slam coming 10 days ago - the drop of more than 6% cought me by surprise i sold some Ca

[westcoast1000]

patchh, I am always entertained by your posts.  I have to make a few comments. -In the past I taught light versions of probability and statistics to graduate students and I do know what a binomial distribution is. But I cannot follow much of what you are saying. You are talking about time series analysis and then trying to predict inflection points. If that worked, statisticians would all

[patchh]

first do not apply a binomial expansion...  use a ^2 on xy..  the simple version of this is for pH titrations.. 20N+1  and U will get an inflection point of the wts are sliced w the stocks... the 2nd order is the vega in Black Scholes -or- the chicago boys ! thge inflection will be past firsst order and tangles the second thru third..  the assumption is there is no

[westcoast1000]

patchh, I would guess you are a retired mining engineer who likes numbers. As a final comment, I would observe that if you want to fit curves and use time series for stock analysis you may find it easier to just use techincal analysis. TA is basically qualitative time series analysis, in the words of my friend who has a PhD in econometrics.  Finally you stated this:  notice the

[Notgnu]

Thanks westcoast, your position tends to align with my own (no disrespect to patchh.)  All my viewing of the long ago insider trades (predominately all buys with no transactions due to continuous , or near continuous,blackout since mid 2020) shows no evidence of trading against the public. NCU does run a tight information ship though, that said, with all the contractors and mine employees

[patchh]

we R not going to zero..  and somebody did trade against the shore-holders; did so during a dow down day...  another round of dow down day/monday - we R going to get slammed again.. i got a little bak yesterday on the storks - but clobbered on the wts.. run these jans down to 40 and its will B perilous w the liquidity on these instruments - six months is not far off; and we are in the

[Notgnu]

I think a lot of watchers, individuals and funds, must be sitting and waiting on the trigger to see the copper coins start jangling, whether tinkling or outright clanging and clunking down into the tray. Once this sound reaches their righteously greedy ears they will crowd infront of the coining machine and start buying up all the availble tickets.  It has been years and years and hundreds

[patchh]

again U R getting into simple Quality COntrol Stats..  say w 1S 2S and 3S rules forr time series analysis... yes Vega is TA but its graphical and easily reviewed.. as to the residual = presently ther is none !  the time premium is wiped - well past 255... i cannot find on the webb anny suitable pre-canned models that can B used w/o a lot of gibbersh.. i.e. something simple like a mtg

[Notgnu]

Meh... I'll buy half of 'm... someone else'll buy da wrestling of of'm N

[patchh]

thats plesant !  buy my warrants/stocks @ a loss ???

[Notgnu]

LoL...patchh. Just keeps your stocks and warrants in your jeans. Sell them silly bank stocks and load up on Nevada pennies. Cheers, N

[Fishbillion]

This post has been removed in accordance with Community Policy

[westcoast1000]

Fishbillion.  No, I am not reading google and retyping. I really talk and write like that, in complete sentences.  In terms of asking the post hole digger, I agree seeking local knowledge is important. I was just responding to patchh's notes on his trying to do quantitative analysis. It is easier to look at the chart.  That's it. 

[Fishbillion]

This post has been removed in accordance with Community Policy

[westcoast1000]

My comment to patchh was to say that TA makes use of the same information as the kind of time series analysis that he was discussing, and it is easier. As for me, I do not pay attention to TA for small caps for a company like this one.  The share price 6-8 months ago has no predictive information to shed light on what is happening to the share price now.

[bogfit]

" As for me, I do not pay attention to TA for small caps for a company like this one ..." That should be obvious, but T/A for copper and the USD can be predictive of NCU. b.

[patchh]

Reuters started to carry NCU on 7/4/2021  REFINITIV..   nice graphical v/s several mines w/n the NCU size..  IVN is not there along w the larger operations.. last week or 7/4 average score was 4..  today there was a revision on 7/11 - new score is three -w- a target of 35...  4 holds 1 buy

[patchh]

FIne - I have similar orders.. Warrants are "Creatures:  do not pik a corner waiting for a naked chik to run into Ur arms "and they expire worthless" copper is NOT factored in/onto NCI Stok Price.. UI have Corps and wealthy Penny FLippers - that have the buks to push chuck around.. pulling 3.5M shares out @ 185 and 190 - took a small chunk of risky capitol on a no vulume

[Notgnu]

Meh... I have a big stack of Jan Warrants also. As is sometimes said: The Die Has Been Cast : )) Cheers, N

[patchh]

U may hav to settle for a mercedes..  Ferarri may be a few mionts past war expire ! i hav about 350K - non margin..  and a itch when they get floored w the storks,, i hav a lot  of blue chips... don't know what I Brokers will mrgin realtive to the portfolio.. the service uese a algo..  i can sell some stoks w a margin and not sell others w/o getting a liquidation at the

[Notgnu]

It's all a game... I don't need a fancy car... their all just sheet metal bent in various directions.  I'm just lining my bet up with the funds that bought in and with Pala. I only trade small arbitrages and arb against my US dollar holdings that fluctuate a little against copper. A small amount of traction and NCU takes a run up to between 50 cents and a dollar by EOY. Would