The Conversation (0)
In a Q & A column in the Globe and Mail, Lou Schizas of happycapitalism.com responded to questions from a reader regarding the outlook for Nevada Copper Corp.
As quoted in the column:
The three-year chart outlines a stock that has been in a retreat that started back in 2011 as copper prices began their decline. NCU traded to a high of $6.13 in May of 2011 while Pumpkin Hill has been advanced greatly since then. There are two external factors that could help drive the price back to those levels: a rise in copper prices or a takeover offer. There has been some speculation that a bigger player could be interested in the stock given the value of the resource, and its favourable location.
Click here to read the full Globe and Mail Column.
Click here to read the full Nevada Copper Corp. (TSX:NCU) profile.