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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU.WT.C


Primary Symbol: T.NCU Alternate Symbol(s):  NEVDQ

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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > Ideally...
View:
Post by quinlash on Jun 10, 2024 5:06pm

Ideally...

The mine gets state or federal level assistance to bring it fully online.  The other solution which would be ok by me is if it gets bought up by Southern Copper or another mining operation.

Current management hasn't figured out how to get things done so I'm willing to hold the door open while they exit and welcome a new management team to make things right

JMHO
Comment by patchh on Jun 10, 2024 5:13pm
Extortion
Comment by mckayk3 on Jun 10, 2024 5:39pm
My belief is that Pala wants a sale (aka change of control) but could not work out a deal.  We know their breakeven is high ($0.70 if I recall).  The thing is, Pala is not negotiating in a position of strength.  There are swimming with sharks and no one is going to bite without a major deal.   Hence Chapter 11 is a tactical move to protect their equity from a bad deal ...more  
Comment by nofluff on Jun 10, 2024 6:34pm
Ya mac. I think .70 is before they exorcize all there options. They will do fine on new structure. So will all us ma and pops.  Nf
Comment by Dragonflyinvest on Jun 10, 2024 7:44pm
"The mine gets state or federal level assistance to bring it fully online." Oh no, that's Socialism  LOL "Mining is a long-term game. It's capital intensive. You've got to allocate capital over the long term."  - Barrick Gold CEO Mark Bristow If we only had known! (sigh) b.
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