{"id":162068,"date":"2019-12-19T06:17:12","date_gmt":"2019-12-19T11:17:12","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=162068"},"modified":"2019-12-18T15:18:12","modified_gmt":"2019-12-18T20:18:12","slug":"nevada-copper-delivers-copper-now","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/nevada-copper-delivers-copper-now\/","title":{"rendered":"Nevada Copper Delivers Copper Now"},"content":{"rendered":"
December 19, 2019<\/div>
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By The Gold Report<\/b><\/p>\n

Source: Bob Moriarty for Streetwise Reports<\/em> \u00a0\u00a012\/17\/2019<\/a><\/b><\/p>\n

Bob Moriarty of 321gold discusses recent copper price moves along with those of a new copper producer.<\/strong><\/p>\n

A very short nine weeks ago I was giving good advice to my readers when I said:<\/p>\n

“I was writing<\/a> about Nevada Copper Corp. (NCU:TSX; NEVDF:OTC)<\/a> five months ago and the shares were $0.395. Today as the price of copper has gone down by ten percent and we move into tax loss silly season, the shares are $0.215. They were cheap then, they are cheaper now along with most of their brethren.”<\/p><\/blockquote>\n

Those wise enough to invest are up 40%, which beats the heck out of a red-hot stick in your left eyeball.<\/p>\n

Nevada Copper had two things providing a potential tail wind. We moved into Tax Loss Silly Season a month ago. NCU-V hit a new yearly low at $0.185. And when nothing at all has changed except for the price, when you are in TLSS from mid-November to mid-December that is a great time for picking up quality shares in the bargain bin.<\/p>

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But more importantly than that, on the 16th<\/sup> of December Nevada Copper announced<\/a> what they have been promising since at least February of this year<\/a>: they have gone into production. I can’t tell you how many hundreds of promises made to me over the past eighteen years that didn’t come true. And after all, “Now a promise made is a debt unpaid<\/a>, and the trail has it’s own stern code.”<\/p>\n

There is a third factor that investors need to consider. The world is working with a 10-day supply of copper<\/a> on hand. Traditionally copper supply bottoms with price. Certainly the recent prices for copper support the idea that a bottom has been reached with prices up 10% in the last two weeks alone.<\/p>\n

\"Copper<\/p>\n

Nevada Copper promised production in Q4 almost a year ago and unlike 90% of the promises made to me in the last 18 years, they didn’t change at all. They charged forward and are producing now. By the way, did I fail to mention that just before a company goes into production and for the first six months is the sweet spot of investing? Long patient shareholders are rewarded and new shareholders often see nice profits at once. Add to that the irrational as hell TLSS and the price of copper going up and you have a perfect storm.<\/p>\n

I love working with Nevada Copper. They do what they say they are going to do. Management is brilliant. 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 $0.30 (Dec 17, 2019)
\nNEVDF-OTC 762 million shares
\nNevada Copper website<\/a>.<\/p>\n

Bob Moriarty<\/i><\/a> founded 321gold.com, with his late wife, Barbara Moriarty, more than 16 years ago. They later added <\/i>321energy.com 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. 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

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( 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\u00a012\/17\/2019 Bob Moriarty of 321gold discusses recent copper price moves along with those of a new copper producer. A very short nine weeks ago I was giving good advice to my readers when I said: “I was writing about Nevada Copper Corp. (NCU:TSX; NEVDF:OTC) five […]<\/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-162068","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162068","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=162068"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162068\/revisions"}],"predecessor-version":[{"id":162075,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162068\/revisions\/162075"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=162068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=162068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=162068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}