Nevada Copper Corp T.NCU.WT.C

Scenarios

[KentWilkens]

Been in a few of these.
Most times shareholder gets 0.

Restructuring wipes out shareholders.

This one is different with the majority shareholder pulling the plug.

Reading tea leaves could be easier.

1/ operations halted 
2/ wages to be paid
3/ no layoffs mentioned, but one should assume

4/ 60m to bailout to bridge for property sale.
Not chump change, who benefits?

5/ director resignations do not indicate positive for pala

6/ could be just chapter 11 to buy time, come out and all good

7/ could be shake n bake, buy up scared retail at pennies, but stock lives.

8/ financials are weird.

9/ forgetting the write offs, what are they losing per pound?

10/ property has significant value but does that meet the current debt?

Will be fun to watch.

[mckayk3]

RE 9/ $4 cu/lb AISC. RE 10/  last Q1 report showed shareholder equity about $0.16/share.

[nofluff]

Good thoughts kw. Usually the lender to a dip has control. When the gov. Bailed gmc and Chrysler out, I believe it took a couple years to pay back. If ncu can get the ug crusher comissioned, more pumps and tailings delivery system all on line, they should b able to get to 200 thousand pounds per day copper quickly. That is a million per day cash. That is a lot of free cash in there. Yes. I am

[patchh]

 -->>>>> losing per pound ?   Last intervue w buff and a local paper – wazz 4$.. Barrik gold whoreported same tome stated that their Global Inflantio on Production was around 6% and 8% (combined around 750m$) / Qest 4.40$ first of may. ABX is global – not all of that 750M$ is devaluation – some simple inflation. Here in the USA its davaluations Plus inflation