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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

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Post by ZouZS3 on Aug 19, 2021 6:25pm

NOTGNU

Are you still holding your position ?
Comment by Notgnu on Aug 19, 2021 6:41pm
All in again. Bought my traders back a little too early though but that's just what happens when you play musical chairs. N
Comment by Notgnu on Aug 19, 2021 6:45pm
In my way of looking at it NCU is a way better price to asset value and a way better risk to reward ratio now compared to when it dipped to 6 cents in 2020. About 25% dilution since then but way higher copper prices and way further along in terms of mine infrastrusture completion than 9 months ago === A way better price today. N
Comment by ZouZS3 on Aug 19, 2021 7:04pm
Gotcha! Thanks for the update bro! I will just hold for now I guess
Comment by MarkAble on Aug 19, 2021 9:11pm
25% more dilution in nine months is a heckuva lot of dilution. And there's nothing to say there won't be more dilution. At these low penny stock levels the whole enterprise looks pretty shaky and very risky to me. I thought six cents looked bad back in 2020. Now sub 10 cent closings look like downright scary to me especially given the higher copper prices and further (though at great cost) ...more  
Comment by Notgnu on Aug 19, 2021 9:26pm
Currently you are buying at about 1/3 of Book Value; and at about 15% of Net Present Value; and at about 20% of Pala's cost average... so maybe you can get it at 1/2 of that or even 1% of that but I doubt it. Anyway, if I had a big chunk of change drop into my account I would unhesitatingly buy every share I could at this price... Yes, that is just me and I am not advising anyone else to do ...more