{"id":147761,"date":"2019-05-16T05:51:22","date_gmt":"2019-05-16T09:51:22","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=147761"},"modified":"2019-05-15T18:10:20","modified_gmt":"2019-05-15T22:10:20","slug":"nevada-copper-moves-into-the-sweet-spot-of-investing","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/05\/nevada-copper-moves-into-the-sweet-spot-of-investing\/","title":{"rendered":"Nevada Copper Moves into the Sweet Spot of Investing"},"content":{"rendered":"
May 16, 2019<\/div>
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By The Gold Report<\/b><\/p>\n

Source: Bob Moriarty for Streetwise Reports<\/em> \u00a0\u00a005\/14\/2019<\/a><\/b><\/p>\n

Bob Moriarty of 321 Gold<\/em> profiles a company with a Nevada project that is expected to begin production by the end of the year.<\/p><\/blockquote>\n

I’ve written<\/a> about Nevada Copper Corp. (NCU:TSX; NEVDF:OTC)<\/a> in the past. The world has only a ten-day supply<\/a> of copper on hand and that all by itself should move the price of both copper and Nevada Copper higher. Alas, in the short term the price of copper has declined.<\/p>\n

The company maintains that they remain on track<\/a> to actual production in Q4 of 2019. A recent article in mining.com<\/a> revealed a major step forward as they showed a $115 million line of credit from a German bank, a $40 million private placement and off-take agreements with two European metal companies for a working capital agreement worth an additional $35 million.<\/p>\n

The sweet spot of investing is to buy into a company just as they ease into production. The sweetest spot in investing is when the commodity that company produces is also increasing in price. I won’t attempt to forecast any price for copper, I’m not that smart but clearly copper is cheap right now.<\/p>\n

We are seeing the earth tremors suggesting a sea change for the stock market and for resource companies. Investors in the two flavor of the day investments, marijuana and Bitcon, are soon going to learn the perils of buying at market tops. Wise investors will be seeing safe haven in the unloved and cheap markets such as resources as $250 trillion worth of used toilet paper disappears into bitcon heaven.<\/p>

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Nevada Copper has a tiny market cap of about $262 million. With a change in the copper market and going into production investors will be looking for the sweet spot of investing and Nevada Copper will come into its own.<\/p>\n

Nevada Copper is an advertiser and I own shares bought in the open market. Do your own due diligence.<\/p>\n

Nevada Copper<\/b>
\nNCU-T $0.395 (May 13, 2019)
\nNEVDF-OTC 662 million shares
\nNevada Copper website<\/a>.<\/p>\n

Bob<\/i><\/a> and Barb Moriarty brought 321gold.com<\/a> to the Internet almost 16 years ago. They later added <\/i>321energy.com<\/a> to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.<\/i><\/p>\n

Sign up for our FREE newsletter at: www.streetwisereports.com\/get-news<\/a><\/p>\n

Disclosure:<\/b>
\n1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: Nevada Copper. My company has a financial relationship with the following companies mentioned in this article: Nevada Copper is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.
\n2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here<\/b><\/a> for important disclosures about sponsor fees.
\n3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
\n4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer<\/a>. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
\n5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and\/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.<\/p>\n

<\/p>\n

( Companies Mentioned: NCU:TSX; NEVDF:OTC,
\n)<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

By The Gold Report Source: Bob Moriarty for Streetwise Reports \u00a0\u00a005\/14\/2019 Bob Moriarty of 321 Gold profiles a company with a Nevada project that is expected to begin production by the end of the year. I’ve written about Nevada Copper Corp. (NCU:TSX; NEVDF:OTC) in the past. The world has only a ten-day supply of copper […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-147761","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=147761"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147761\/revisions"}],"predecessor-version":[{"id":147768,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147761\/revisions\/147768"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=147761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=147761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=147761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}