Nevada Copper Corp T.NCU

Primary Symbol: 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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Nevada Copper Corp > When I look at a company like this

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Comment by Notgnuon Apr 27, 2021 5:23pm

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Post# 33079173

RE:RE:When I look at a company like this

Totally agree... as with many, if not most eveything, in life it is all about thealignment of incentives. They have fallen into a pot of money after almost drowning in their own vomit. Now the question is how will they proceed and possibly how twill they monetize.

1) Move slowly and cautiously and built cash-flow and then go for a debt deal to build the open pit a while down the road.

2) Move faster and do a joint venture with a 'data-room' traveller

3) Move fast by doing a massive equity raise / dillution *** I just do not see the alignment on this one these days.

4) Sell the whole project *** also doesn't seem likely.

N.

goldanalyst wrote: They do have a lot of shares outstanding however only about 38% of it is retail and the rest of the shares belong to institutional investors and @ a much higher aggregrate cost. So they are not selling for peanuts here if their average cost is north of 50 cents is some cases~

I do wish management had more skin in the game however it is really Pala and Castlelake who own more than 50% the company and so what they do will be most important to all concerned~

Pala Investments 38.0%
Castlelake 15.9%
Fourth Sail 3.9%
BlackRock 1.8%
Regal Funds Management 1.7%
Management & Insiders 0.7%
Retail & Other 38.0%