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Bullboard - Stock Discussion Forum
Nevada Copper Corp
T.NCU.WT.C
Primary Symbol:
T.NCU
Alternate Symbol(s):
NEVDQ
Metals & Mining
Copper
Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and...
a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.
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Bullboard (TSX:NCU)
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(82)
•••
patchh
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Comment by
patchh
on Jun 15, 2024 5:04pm
RE:Article in Las Vegas newspaper
if its mothballed - payla is already wiped. the shaft will B capped/flooded.. the 60M will B gone by first of sept.. pretty good bet the EU crooks in DC hav this on the radar... if they
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(82)
•••
patchh
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Comment by
patchh
on Jun 15, 2024 4:49pm
RE:RE:Makes sense
U did POSITIVELY - SUPER POSITIVELY not read/review that 366 page ducoment. there is nothing on page 361 about fixing ANYTING... around page 200 its certified as "No Marterial DEfects
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(82)
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patchh
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Comment by
patchh
on Jun 15, 2024 4:40pm
RE:RE:RE:RE:RE:What we know
Caymans - pls start o page 361. i read the document - there is no imparements on materials or defects - bout page 200.. just bear with... i am not an attorney - code cypher - decode would
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(97)
•••
nofluff
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Comment by
nofluff
on Jun 15, 2024 4:34pm
RE:Makes sense
Right now Elliot has bid 60 million but are under court scrutiny to fix things. Nf
(97)
•••
nofluff
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Post by
nofluff
on Jun 15, 2024 4:31pm
Makes sense
If the 60 mill can not bring it out of 11, bidding process will triumph. Nf
(82)
•••
patchh
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Comment by
patchh
on Jun 15, 2024 4:24pm
RE:RE:What we know
the table is on PAGE 361-362 attorneys abut 6m$ PRINT THE PAGE 361-362 - ROTATE there are no fees for mineing - payroll end in Aug Bonding Insurance is paid to end of July - abut 1M$ USD no
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(30)
•••
cnynman
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Comment by
cnynman
on Jun 15, 2024 4:11pm
RE:RE:RE:RE:What we know
If you've ever followed a bankruptcy through all its permeations and pain, you'd recognize what a ridculous comment you made with ' 60 million bringing it out of 11'. But go for it
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(97)
•••
nofluff
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Comment by
nofluff
on Jun 15, 2024 3:50pm
RE:RE:RE:What we know
So that would mean pala could lose all. But there are hundreds of pages of probisios missing. It goes back to 60 million bringing it out of 11. Nf
(30)
•••
cnynman
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Post by
cnynman
on Jun 15, 2024 2:31pm
More details from Elko Daily Free Press
According to the NCU press officer, Tracey Thom, there will be 78 NCU employess remaining after the initial layoffs. A spokemsan for underground mining contractor SMD was quoted as saying they &
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(30)
•••
cnynman
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Post by
cnynman
on Jun 15, 2024 2:01pm
Article in Las Vegas newspaper
https://www.reviewjournal.com/business/nevada-mine-shutting-down-laying-off-117-workers-3068532/ Key points: Laying off 117 workers permanently. Company says 'it does plan to close'. No
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(31)
•••
KentWilkens
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Comment by
KentWilkens
on Jun 15, 2024 1:37pm
RE:RE:What we know
Due dilligence Thanks Stb888 for that link. So, looking at the document, a few things stand out. 1/ There are clauses that kick in which will basically terminate shareholders equity, referred to
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(30)
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cnynman
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Comment by
cnynman
on Jun 15, 2024 10:21am
RE:What we know
Not so fast with 'what we know', Fluff. 5. They have offered 60 million for getting mine to nameplate quickly. No, actually, what the bankruptcy statement said was that '
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(55)
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slewfoot2
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Post by
slewfoot2
on Jun 15, 2024 10:05am
thanks
stb88 ... i red the document so if anybudt kneads any questions answered ol slew will help... bottomline, pretty standard boiler plate.... hierarchy listed ... budget shows 41k in receipts for nect 3
...more
(97)
•••
nofluff
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Comment by
nofluff
on Jun 15, 2024 9:59am
RE:RE:What we know
What I know. There is 60 million available for mine. They are keeping workforce on. There goal is to come out of chpt 11. To sell, they have to create value. 60 million does way more than
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