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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 > Response to dcjones4396
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Post by mrmomo on Feb 03, 2022 10:52am

Response to dcjones4396

As i don't have the time nor the energy to respond to all, in very few cases i think it is warranted as i believe it would not only greatly improve the discussion, wherever that might be, but also enlighten all, whether friend or foe. Especially when it involves reasonable & logical debate, constructive criticism & actual facts. As it is the case here with Mr. dcjones comments. So without further ado, here's my short & breif reply.


"With all due respect, today's drop in share price on an uo copper day is happening throughout the sector, particularly with its peers."

Of course, you are partially correct here. But then again if you re-read my comments and actual sieze what i was referring to, it does not indicate as only "today" but a much longer period of time & much narrower scope. Hope that clarification makes it more clear what i was alluding to.

"Taseko, Copper Mountain, etc. are also down."

Curious? Please don't take this the wrong way or misinterpret what i'm asking here. But why after four years of being a SH member, have you only commented on only 3 companies with 90% of those focused on Taseko? 4 in total as of yesterday with those being your first comments on the NCU SH board in addition to that? Like i said, don't take this an attack, just trying to get an idea of what's happening here with your sudden change of routine. BTW you don't need to answer this query if you don't want to. Why i'm asking this is for two reasons, from over 25 years of being a follower of SH, 15 as an actual member & about 10 as a distant lurker, i've come to realization of a few concrete facts when it comes to others who are commenters. As it is the case with your membership here, which BTW isn't unusual, espcially these days, BUT does carry some caution with it.

"Further, share price amongst its peers have not been rising in this favorable copper market lately."

Well stated semi partial fact. Of course, this does not indicate a "bad" siutation for the miners though. It could just mean investors are going long the commodity & shorting miners. Or some other plausible reason. We just don't know.....yet.

"The same people you speak of above may also know of possible bad news coming soon."

Quite possible, but not certain. As it is the case with the contrary. Either way it just solidifies my position of what i stated previously.

"I don't own any shares in NCU as of yet but I am thinking of getting in soon. However, I'm waiting until I see the next substantial news release that explains their current production and progress updates. Not saying your wrong, personally just waiting to see what's what."

Very prudent & sound rationalization of the situation, have no qualms with they approach you are taking here & completely understand your hesitation to commit. Managment has exactly installed faith & confidence into past & current investors with all the actions they've taken in the last decade and have a long way to go to regain that trust. But just the fact that you ARE considering a possible investment here at these prices, put's you way ahead of the investor IQ curve when it comes to the masses.

"With copper still sitting around $4.50 US, they should all be moving higher, much like last times run up several months ago. In the mean time,"

Yes, they should be shouldn't they? But then again, appearance could be very decieving AND could give a false impression of what's actually occurring. And that could possibly translate into a most likely missed opportunity. The opportunity costs here are both numerous & grandiose, aren't they? Who said this would be easy? If it was, like the saying goes "Everyone (with a decent IQ) would be a millionaire"

"I wish you all well and may be joining you soon. Good luck and here's to hoping for some upbeat press releases coming soon."

Thank-you for both the kind thoughts & enlightening commentary and wish the best in your own personal endeavors as well. As for luck & hope, they are only 1/3 of the recipe for becoming successfull, the remaining 2/3 is ALL the individual investor himself/herself along with the decisions they make. 

GLTA
Comment by bogfit on Feb 03, 2022 11:19am
LOL  WTF is this word-salad supposed to mean? Curious? Please don't take this the wrong way or misinterpret what i'm asking here. But why after four years of being a SH member, have you only commented on only 3 companies with 90% of those focused on Taseko? 4 in total as of yesterday with those being your first comments on the NCU SH board in addition to that? Like i said, don't ...more  
Comment by nofluff on Feb 03, 2022 12:21pm
Dc does not post anywhere much mr. I also only post on 4 boards. Like dc, I post mostly on tko. I am much more of a chatter box than he is. There are at least a half dozen none institution investors in tko that have about a million in tko invested. They all post very little. Most of them are very succesful at swing trading an over hold position. Like I said before. When these guys show up and ...more  
Comment by patchh on Feb 04, 2022 7:42pm
possible bad news ! suggested by JSQ that i pound Ur Buttz a little.. as 2 buying the NCi Storks - by all means... U need to grasph the simple fact that NCI is short 9 months on rore delivery to their streamer and are designated "Failure to Deliver" probably freight on deck for a LME Swap to the germans.. The vents will hav to Be comissioned..  my guess nothing short of 90 days ...more  
Comment by dcjones4396 on Feb 04, 2022 8:29pm
Great information, thanks for the time to lay that out clearly.
Comment by patchh on Feb 04, 2022 11:03pm
the mine is essentially finished...  the NCI engineers appear to had a few tips from the Nevada Gold cru... in situ - the mine is worth around a billion dollars.... what has occured since 2019 when NCI installed rhe 2000 foot drain well, that taps onto the aquifer and ends below in a mine shaft entry point,, for pumping the dyke water ( we hav the well drillers logs from the nevada well log ...more  
Comment by JoeStockIQ on Feb 05, 2022 1:53am
Hey Patch, taking everything you say here as gospel still leaves one resounding question: How, under the circumstances you lay out above (and from your previous posts) could the share price possibly hit a buck by June?? After all, your current scenario depicted contains not a single positive catalyst to move the share price higher at all, much less 30% higher in 4 short months. Your analysis of ...more  
Comment by patchh on Feb 05, 2022 11:15am
hit a buck by June  ! 2 myself this is the worst case scenario... on market watch..  there is a column for public float..  this shoud B around 200M shares after the scotia raid..  its currently locked around 169M for a non-delivered 31M shares that were created unter the tranch.. this is held by scotia -  scotia is in for 77 (31M) and needs to sell very close to this ...more  
Comment by JoeStockIQ on Feb 05, 2022 12:17pm
Wow Patch, that's some serious input and many thanks your way for the time. Believe it or not, completely follow what you're saying with one caveat: Other than the possibility of Scotia coming in to manipulate the share price via imbalances, still don't see any positive catalyst to assist in moving share price higher. Therefore, that must mean you believe Scotia has that much power to ...more  
Comment by patchh on Feb 05, 2022 7:47pm
this is the TMX..  its owned by the TSX and is the dealers bakport for deep pool.. it is real time https://money.tmx.com/en/quote/NCU/trade-history the TSX is owned by the Big & Ca banks CIBC RBS RBC NA TD them trades are BOT w/n the big 7 ITG Vuze is owned by the CBOT In Chicago - its the market maker.. pik Ur poision !!!! U buy this stock b/c its going into a takeover.. Solway ...more  
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