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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 > Mineral math on ncu web
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Post by nofluff on Jun 28, 2024 10:57am

Mineral math on ncu web

Data is about 5 years old. About 4 billion pounds cueq. Since then huge ads plus tedyboy with up to 10% cu. On surface samples. Also copper ridge and dimples added.

My guess is about 10 billion pounds minimum.

One can understand how a sale to a major is appropriate. A major can get the show on the road.

I can not envision anything less than 5 billion final bid.

Nf
Comment by cnynman on Jun 28, 2024 11:15am
Yes, Fluff. At least 10 billion pounds, since obviously NC was spending their money doing exploration and developing outlying deposits instead of addressing the water and UG issues. No problem. And don't forget that the copper metal which comes from PH has that extra neutron in the nucleus, which makes it worth at least $60/pound. With all this considered, you should fill at least 10 bags as ...more  
Comment by metalhead666 on Jun 28, 2024 12:03pm
bagruptcy...gud too b in kopper  NF
Comment by nofluff on Jun 28, 2024 12:18pm
So why did the high offer for Anglo copper assets fail?   Simply, bhp wanted nothing to do with all the dead weight assets of anglo. Ncu is all copper gold and silver. No dead weight. Nf