RE:RE:Good news NCI has the annual ASM 12/14th in toronto. Traditionally its been held in nevada @ NCI or a watering hole in reno…
this is where the acting BOD will vote.. its in canada. The nine is incorporated in Nevada USA.
There are 350 famlies working out there. Up from 50 a year ago.. inflation or mor correctly De-valuation of the USD is probably a very large problem w the short term cash on hand..
payla has been making yoodles for several months on a sale.. the NCI Mile land is owned by local land barrons in a blind trust… its leased to NCI…
in todays filing – they hav listed a lobbyist law firm from the area…
if that mine is sold or shuttered. Everythird party that has skin in the NCI development is going to need revisions of their earlier terms..
that includes a new buyer…
thats a B$ Dollar mine in Yet…..
this is not A yellingFire Sale chapter & 7.
U are looking@ 10 to 15M$ of legal work to restructure..
let the experts chime in on lobbyist for restructureoing….