Nevada Copper Corp NEVDQ

Resolution status Vs PH

[my69z]

* The Resolution Copper project is a proposed underground mine 60 miles east of Phoenix, Arizona, near the town of Superior. The project is a joint venture owned by Rio Tinto (55%) and BHP (45%). The ore deposit lies nearly 7,000 feet below the earth's surface.

* 1b lbs per year @ 40 yrs = 25% US supplier.
* When an investment decision is made, we expect to spend around 10 years building infrastructure to prepare for mining, 

Here's the kicker, from today:
" An attorney for the Apache Stronghold said the group was optimistic the court would rule in its favor, but would appeal to the U.S. Supreme Court should it lose"

BOOOOM!!!....for one reason or another, you can consider this deposit a moot market supplier for a very, very --- very long time! 

Not to mention PH is only 2100 ft & should be able to expand from 300k a year, to at least maybe what...500k or so?? Resolution has already spent $1b without any copper or infrastructure. What's that OP Cap-x again?? : )))

Fully permitted. 100% owned. Only $130m senior debt. 185m shares. A new large target. Cash flow positive on horizon. Copper is showing at surface, in multiple areas of the property. This will easily eventually expand to 10b lbs, higher grades, etc..

I personally think once at least 3k tpd, one of these majors will absolutely want to j/v. If not for in the least, as down time leverage to Resolution & gaining a foot in this 60b lb copper region.

U.S. appeals court hints at support for Rio's Resolution copper mine (yahoo.com)
Glta!!!

[nofluff]

Eye have said it before. I will say it again. The ncu principles have no interest in selling anything. They r copper miners that want the copper. nf

[my69z]

Yes sir. They would not had contacted Randy 15 months ago. Mike would have sold it. Glta!!