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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 > NCU is sitting at 7 cents (pre consolidation)
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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
Comment by bogfit on Dec 28, 2021 10:21am
"...  they were and are over their heads and take advantage of their land inventory...:"   Without doubt much of NCI's earlier set-backs and delays were unavoidable, while others were part and parcel of a start-up.  Together they caused unexpected cost increases. When a company keeps adding debt to stay in business, it is usually the result of the enterprise being ...more  
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