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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 > 0.15 bid
View:
Post by nofluff on May 17, 2024 9:23am

0.15 bid

I sure hope it holds. One must consider that there has been about 1billion cad spent so far on pH.

There is only about 500 million cad. debt.  Replacement cost for current development would b close to 1 billion cad. Q1 financial shows about 400 million asset above liabilities. With 5.00 copper, that has increased substantially.  Sp should be 0.30 at bare bones minium. 

If brought up to date, resource would b about 20 billion pounds cueq. With UG mine operating and op fully permitted, insitiu has to b worth 050 cad minimum.

That is a 10.00 share price. Ncu is the most undervalued stock in the world. 

Nf
Comment by Dudtycat on May 17, 2024 11:21am
15c bid, what are you talking about? Extra large volume ask at 9.5c, what is going on?
Comment by quinlash on May 17, 2024 12:44pm
Copper futures are squeezing up on wallstreet today. The ask levels may simply be a spoof by margin players prepping to cover their short trades  Just a theory but it wouldn't surprise me in the slightest 
Comment by slewfoot2 on May 17, 2024 1:12pm
lol... ya quinn ..lol... 
Comment by nofluff on May 18, 2024 10:37am
Yup, big head fake. They r making one last ditch effort to shake a few out. Pala and friends will add another billion shares to float when warrants and loans are converted. That will add some cash to the bank and reduce debt by a bunch. So 2.5 billion shares. Nameplate. 5000×40 pounds times 365 days× 10..00  u.s. equals 1billion cad. Or 700 million earnings. for 20billion mc. Or ...more  
Comment by JoeStockIQ on May 18, 2024 11:49am
Says the worst investor of all times. Hasn't been correct about anything he blathers, ever. 10 bagz by September? Sure, sure, sure. You should be more concerned with getting to $1.70, your entry point, don't you think?
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