In this article, I'll have a closer look at NovaCopper (NCQ), which aims to develop its Arctic copper project in the Ambler District in Alaska. I'll start with a brief overview of the company's cluster of projects in the Ambler Belt in Alaska, USA, where after I will specifically dig deeper into the company's recently released PEA and provide some own calculations. Thereafter I will discuss the upcoming catalysts and the development risks of the company and its projects. This will result in my investment thesis at the end of this article.
(click to enlarge)
As there's plenty of volume on the US exchanges, there's no need to trade in NovaCopper through the facilities of the Toronto Stock Exchange....
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|