Nevada Copper Corp (NEVDQ)

[daveblanchard]

Despite being a major project with seemingly high potential, on the verge of production, it's not being hyped up too much, is it? There's what, 3-4 guys posting on this board? I've seen much more active boards on other popular stocks.

The hype drives the stock, and the stock drives the hype. What if there's no hype here to begin with because this is a genuinely solid investment that major players want to keep low key?

One would think higher copper would push this stock up, but it's sinking. Why? It could be because the company has serious internal problems that are being kept quiet. Or maybe the price is being deliberately suppressed so that the big players can load up. All of this stuff is manipulated on every level, so who knows?

I noticed on the stock chart when the new interim CEO was announced there was a sharp, sudden dip, which quickly rebounded, and then the stock seemingly continued on its normal path. Then after a pause, a slow selloff began, followed by a big drop.

I think the initial dip was just due to a reflexive action by the market on hearing unexpected news. Afterwards the worry seemed to dissipate. But then people started thinking and talking and perhaps the internal discussion among themselves involved, why is this stock still so low when others are climbing? Why am I letting my money sit on the sidelines here when I could be enjoying the ride up elsewhere? Maybe the company has serious problems, they reason. This along with other factors of uncertainty elsewhere, their confidence took a hit, and they tapped out.

If everything with this company is as it appears on the surface, and production does begin as anticipated in November, then we are buying at the bottom of what is sure to be a sharp and steady climb, starting within 1-3 years. Or we will hear some really bad news from them in November and find out we've been hosed. I don't think there's much of an in-between here.

Any well structured copper miner which manages to survive and hang on long enough over the next year or so without going bankrupt is going to have a nice ride ahead.