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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 > Copper price is soon to be the largest variable >>>
View:
Post by Notgnu on Dec 08, 2021 1:32pm

Copper price is soon to be the largest variable >>>

NCU is HIGHLY leveraged to the price of copper. At sub $3.00 copper NCU is no better than a fart sucking machine. At $4.50 + copper NCU will explode with cash flow. At $5.00 + copper The share price to cash flow ratio is huge...despite the dilution

Cheers,
N.
copper ATM:
4.3940
+0.0545(+1.26%)
Comment by realcdn on Dec 08, 2021 4:13pm
Point and case. Copper up over 1% and NCU down over 9%! Oh wait...
Comment by Notgnu on Dec 08, 2021 6:26pm
Says right in the title "soon." NCU is not really producing much yet but "soon" will be. Currently (if you read) they are drifting in to the the areas where larger stopes will be mined. It was delayed. That happens. You do not like it... good, noted. N.
Comment by realcdn on Dec 08, 2021 7:16pm
"Soon". Such a great measure of time!  Coles notes of sNots post: -if copper price goes up = good for copper miners -if copper price goes down = bad for copper miners Thanks captain obvious! Very insightful
Comment by Notgnu on Dec 08, 2021 7:31pm
DrollCDN you are an oxygen thief. Go die.  For those with a brain... NCU, once at commercial production and in it's first few years of production, is much more levered both up and down to the price of copper than many other copper miners, thus a long term positive copper price is more meaningful here. N.
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