Nevada Copper Corp NEVDQ

morningstar

[nofluff]

has tko, bwcg, ame all up 1 bag target. 
But ncu at a 2 bag target.

nf

[dheadley]

Where are you finding those pedictions nf? I go to Morningstar.com and get lost.

[nofluff]

Rbc direct publishes the ms. The ms site is very detailed so consequentialy confusing:)) I just know ncu finished big up with large bids. I did not get my 100 thousand buy goal but 40 thousand was a good add. Still bidding on bwcg. Just holding my 20 thousand tko. Miners advice u know:)) I am guessing a buck soon on ncu. 2 bucks by may and 5 bucks by year end. I am a farmer though. Time to

[mckayk3]

I'm a bull too but I just want to point out a $5 valuation would place the company near $3.75B, basically near Capstone's value.  I don't think NCU is a Capstone. I'll say $1-$2 is what we can expect for the foreseeable future.

[nofluff]

I always do the math. Tko florence deposit sold 10% for 100 million u.s. subject to permitting. They will have about 200 million debt charged to the development. I think that is about ph ug debt. So the insitiu copper of both deposits are about equal. Ncu is permitted and less than a year away from full ramp of high grade. So a billion dollar mc for a dollar per share at mill start or before. A

[mckayk3]

Can you elaborate how you calcuate a billion per year earnings? That doesn't add up.  Not even oil&gas earn that much at a 10B markcap.

[nofluff]

Much obliged 3.  At full ramp which will b quick on mill start. 5000 tons per day times 3% equals 60 pounds times 5000 for 300 thousand pounds pure copper per day. At 7.00 cad per pound and even if c1 ran at 3.50 cad. That would leave 300 thousand times 3.50 for a million per day earnings. That is 365 million per year for 3.5 dollar sp at only 10 times earnings.  Then u add in the

[dheadley]

$16 sp!!Wow. Somebody stop him before he goes into orbit. Where are the bashers?

[nofluff]

I trimmed that back to 9.50 just now. But I never included all the satelite deposits. Trying real hard to be conservitive:)) The herd is buying this should keep climbing. At 10.00 copper we make some serious cash. nf

[MarkAble]

No NCU is most definitely not a Capstone. Capstone sells copper. Lots of it. Capstone makes money. Lots of it. Capstone makes shareholders money. Lots of it. But in its defense NCU does have a lot of something. A real lot. It's called DEBT.

[dheadley]

Thanks nf and mcKay. I like the sound of $1....$2 sounds even better. :)