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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 > Whats up?
View:
Post by slewfoot2 on Jan 06, 2022 10:38am

Whats up?

Why the weakness? It must be either tax loss selling lol or ncu is a a very weak investment. Im thinking the latter. Comments please
Comment by NEWmoney81 on Jan 06, 2022 11:29am
Copper stocks have dropped a good bit since the market digested the Fed's latest hawkish news update yesterday, as the price of (Dr) Copper has traditionally followed the wax and waning of the economy and investors fear a hawkish fed will tamp down economic growth. We'll see, as the rest of the economic news for the last few days have beaten expectations, and the long-term copper shortfall ...more  
Comment by bogfit on Jan 06, 2022 1:21pm
"(Dr) Copper has traditionally followed the wax and waning of the economy and investors fear a hawkish fed will tamp down economic growth" Ignore the noise.  Knee-jerk reaction to Fed speak.  Is in no way related to market fundamentals. Copper always follows the USD in addition to supply/demand. b.
Comment by patchh on Jan 06, 2022 8:52pm
https://money.tmx.com/en/quote/NCU/trade-history its interbank TMX Bot trading...  its interban selling to interbank or one of the Big Seven/swaps who Own the TMX...  TMX is the TSX..  TSX own the TMX..  thats not retail investors..  NCI may B up 8% on the TSX but generally down on the USADR w no volume.. which means no retail investors.... >> i you watch ...more  
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