Nevada Copper Corp NEVDQ

NCU continues to lose investor confidence!

[rockhound3]

This is certainly one of the worst producer startups- with over a $ billion invested and the latest financials showing that it cost $4 to gain $1 of revenue!

However there is still significant copper both at the underground and in the underexplored large landholding! And that copper plus the PM's isn't going away!

clearly this shows the risk of investing in mining and the necessity to diversify one's holdings.

We have a recent poster who clearly doesn't understand mining investment and continues to make statements of investors going bankrupt!

The important takeaway is that diversification in the mining sector is important. My own portfolio includes the likes of BHP,Freeport,and another half dozen producers as well as NCU and an up and coming player NEVGOLD (v.nau) which I bought more of this week! It could  well be a 5-10 bagger = but no guaranteed!!

Last mining investing is like life focused on the future=one can't change the past but one can impact the future!

ROCK

[bogfit]

"clearly this shows the risk of investing in mining and the necessity to diversify one's holdings." How often sadly true.  I don’t recall the exact numbers but it was remarkable that Virginia City’s great bonanza was located below three contiguous claims, while a dozen others remained forever barren.   Maybe having sat on tailings mined a century ago, watching the last