Jeff Parent B. Eng. FCSI CIM
Nevada Copper
NCU-T
HOLD
Apr 06, 2010
Quite a nice chart. Found a bottom in 09 followed by a nice rise. Looking pretty good but definitely into a consolidation stage. Potential to pause for a long time. Essentially going sideways since Nov/09. Exit if it goes below $2.80. If it starts moving up, has the potential of $4.50.
Recently had a permit on Pumpkin Hollow. Likes the story and the management team. The probable next step for the company would be to arrange funding for development of the underground resource. CapX is not stretched. Long-term, this is a great story.
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