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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 > Copper Holding Up
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Post by mckayk3 on Mar 19, 2023 7:57pm

Copper Holding Up

Copper is holding strong against all this banking crisis/recession noise going on.  Typically good copper and oil prices are indicative of GDP strength and industrial demand so its suprising to see oil drop to new lows but copper remaining resilient. The really means a new base is forming around $4 which then means we will see a stronger uptrend in copper prices once the economy really does start to pick up again.
Comment by JayGriff on Mar 19, 2023 8:04pm
No matter what the news is (good or bad), the SP of NCI is remaining pretty flat and very depressed, which is pretty strange...
Comment by nofluff on Mar 20, 2023 10:35am
Good for me jg. I am hoping for a couple hundred t on the cheap in a bit. Ncu business plan is about as good as can b found I think. nf
Comment by JayGriff on Mar 20, 2023 10:47am
All the best to you my friend
Comment by westcoast1000 on Mar 20, 2023 1:31pm
I expect it will stay flat until news and quarterly results persuade investors NCU is going to be able to generate steady production and that the facilities produce concentrate effectively. Another underlying concern is of course the potential for some kind of low price buyout of retail. More production will in some sense help reduce that risk as revenues grow. At that point the price of Cu and ...more  
Comment by JayGriff on Mar 20, 2023 3:28pm
Today there seems to be an automatic buy for 500 shares every 4-6 minutes, anyone know what this is?  First time I see this. Thanks in advance.
Comment by nofluff on Mar 20, 2023 3:47pm
I am not sure. But my hope for cheap shares is slipping. It does not surprise me.  There will b an update soon. It will b good no doubt. I think:)) nf
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