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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 > Sign of the times?
View:
Post by bogfit on May 10, 2022 2:47pm

Sign of the times?

"All of our mines generated positive free cash flow despite inflationary cost pressures, slow supply chains, and some COVID-19 related labor challenges," commented Phillips S. Baker Jr., President and CEO.
 
Bad time for a commodity drop, but a great time to add, if in cash.  My one most favorite exploration company has dropped 30% in three weeks.  Now just think about that!  What possible value did that stock represent, if not sometime in another freakin' year or two?   Whatever we thought of their chances before, how in the Hell could that have anything to do with the Fed rate?  Nothing!   It’s the same geological structure, the same damned drill report, etc.– none of that has changed.  Putting a stock, you already thought worth the price on-sale 30% off?  It’s madness out there
 
Hecla reports lower quarterly income as it feels inflationary pressures; says on track to grow silver output | Kitco News
 
b.

Comment by bogfit on May 11, 2022 10:43am
"Surging inflation is eating into gold miner Gold Fields' contingency cost buffer for its Salares Norte project in Chile, CEO Chris Griffith said on Monday, adding that the South Africa-listed company is seeing at least 10% inflation in the regions where it operates. "That kind of inflation is what is rapidly eating up our ...more  
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