permits for nevada copper - next door

Fellow PMH hardcore followers might wish to note that Nevada Copper (NCU.TO), who are sited next door to Entree's Yerrinton copper tenements, yesterday received full permits for their mining venture. Their price shot up another 50c or so to over $6.50 Canadian. Given that both Nevada Copper and Entree shared an SP of around $2 back in June of last year (the time of our takeover), the SP of Nevada Copper shows what will happen to the price of Entree should they ever get going on mining.

Althernatively, Nevada's mining progress might signal some opportunity for a takeover somewhere in this mix, or, more likely, some selling of our tenements to expand Nevada's reserve. Anything is possible here and this is purely my wild musings.

It is a positive development for the whole Yerrington play though.