Post by
rockhound3 on Dec 28, 2021 9:07am
NCU is sitting at 7 cents (pre consolidation)
NCU was over 10x higher when PALA took over
- copper is close to 4.50 and MAY stay above $4
-NCU had a high of 31 cents post PALA control t
My EXPECTATION:
NCU could rise possibly above 20 cents ie $2.00
NCU's cost per pound will be significantly higher than the forecasted #'s (NGU take note)
Now Randy the new CEO will make changes however expect some ugly #'s in the financials
The poor communication of the facts will continue since the ZUG people are not familiar with the level of communication that normally is associated with a public company. Also PALA doesn't want to accept what has happened ( thus no mention of NCU on the PALA website)
Most investors will be watching for problems ( which may happen)
While VLAD will turn 65 on January 1 it is doubtful that he will suddenly wake up and understand what is required
our biggest hope is that VLAD & his 3 amigos will slowly accept the FACT that they were and are over their heads and take advantage of their land inventory = appreciating that while the UG mine will throw off some cash the real Ace in the Hole is the deposit=it's size and grade.
By proving up the BLM lands and working through the startup problems of the MINE and MILL NCU will be able to move the
POTENTIAL VALUE #
However to realize this likely Signigicant # the POTENTIAL VALUE will have to be communicated by having a DATA ROOM and verified info ie "CORE BOXES" = thousands of them which will hold the proof of potential value!
Let us hope that the PALA people can read think and ACT and that VLAD can DECIDE TO DO THE RIGHT THING
Take Care
Rock