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Bullboard - Stock Discussion Forum US Copper Corp V.USCU

Alternate Symbol(s):  USCUF

US Copper Corp. is a Canada-based exploration stage company. The Company has interests in exploration properties in Ontario, Canada and, through wholly owned subsidiaries, has interests in exploration properties in Nevada and California, United States. It controls approximately 13 square miles of patented and unpatented federal mining claims in the Light’s Creek Copper District in Plumas County... see more

TSXV:USCU - Post Discussion

US Copper Corp > US Copper Corp. Commence Discussions with Strategic Partners
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Post by Betteryear2 on May 28, 2024 7:44pm

US Copper Corp. Commence Discussions with Strategic Partners

  • US Copper has Commenced Discussions with Potential Strategic Partners to Advance its 100% Owned Moonlight-Superior Copper Project.
  • US Copper's Moonlight – Superior Copper Project is a historically operating project with potential to restart and become a domestic supply of copper to the US market.
  • Copper Prices broke $10,000/t (i.e. US$4.53/lb) in recent weeks as Copper undergoes an unprecedented structural change driven by global energy transition.
  • The project's US location positions it as a preferred supplier to the US domestic industry and a candidate for possible US Government funding support.

Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - US Copper Corp., (TSXVUSCU) (OTCQB: USCUF) (FSE: C730) ("US Copper" or the "Company") is pleased to announce that it has commenced discussions with strategic partners to facilitate the Company's ongoing efforts to advance its large, advanced Moonlight-Superior Project, a historically operated copper mine in California, back into production. Steve Dunn, CEO, noted:

"There is strong interest by strategic partners in Moonlight-Superior driven by the recent move of copper prices above US$10,000/t (US$4.53/lb) as well as the project's U.S. location which dovetails nicely with the push by the U.S. Government to stimulate new domestic sources of critical metals, including copper, via various incentive and financial support programs. With the recently announced drilling results, timing is ideal and we are excited to commence discussions with potential strategic partners to advance the project through Definitive Feasibility Study and development of the mine. We look forward to updating shareholders as discussions progress."

US Copper Corp. Commences Discussions with Strategic Partners for Its Moonlight-Superior Project, One of the Most Advanced and Largest Undeveloped Copper Projects in the USA (newsfilecorp.com)

Comment by PublicEye on May 29, 2024 12:22pm
Most volume on this stock in a long time. The imminent technician, Joe Granville famouslly stated "volume always precedes price". They have a lot of copper and gold. Now just need a partner with deep pockets.
Comment by Pandora on May 29, 2024 5:51pm
Being in California how much risk is there for mining rights in having a guy like Newsome running the government?
Comment by eddy0505 on May 29, 2024 11:47pm
Mining jurisdiction is decided by county i beleive. Not state. 
Comment by mrsgoldminer on Jun 04, 2024 3:53pm
Joe Granville long gone as he went to the well too many times The stock market usually reflects the state of events 6-9 months before the condition predominates. Focus on Price If the objective is to predict the future price, then it makes sense to focus on price movements. Price movements usually precede fundamental developments. By focusing on price action, technicians are automatically ...more  
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