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 > what is the implication of all this concern about finance

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Comment by patchhon Nov 17, 2021 1:42pm

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Post# 34137157

RE:RE:RE:RE:what is the implication of all this concern about finance

thank U !

"""""An imparied asset infers an asset that has lost value. For example, if an asset that cost a company $100 was later determined to be worth only $10, then the accountants would book an impairment charge of $90. It's similiar to depreciation and is effectively an accellation of depreciation if it is determined that market value of said asset has decreased significantly. This results in an immediate charge (expense) to the income statement. """"

page 10 has an open declaration of war - and has published their SEDAR that the intent will B for a small summ of 828M$.. Expensed ! not a depreciation table

for 2021 they are going to Expense the entire mine for the tune of 828M$

NCI is in Standard INdustrial Classification or (SIC) - the taxing venues are selective to Mines..

at some point .. >> 2022 the NCI Mine will hav to conduct a (by) 3rd party Acounting Firm Recognized by the US IRS.. and re-state the imbalance and recapture,,

i hav this as red flagged to a sale... a poster here said nix to going private - apparently TSX frowns on this and requires a shareholders vote to preclude poaching !

a prospective buyer will B going into a sale w the audit not yet filed by IRS Timelines.. will hav to pay the re-capture tax imbalance...

this includes every string - nut - bolt attached to that audit going into the new buyer of the mine...

that IFS Statment is inclusive to 2019 = everything..

otw - to the unwashed.. skipper the baggers - get some ear mufflers..

this is good -& - this is terrible w SScotia feeding off of 77's in their swamp..

thanks dude... hopefully this will sink into the readers looking for a sugar cube in hells w billN teds Robots...

them more savy... Facing the Music !.. unwind.. go for two uptiks... then short by friday.. do not take a sweep sale... follow the TMX.. its real time.. not 20 minute delayed - TMX is the TSX Gateway [interbank]

short in 1/4 parity - ride until the 28th and smell after the sell !\

spare yourself a thousand yakuza knife wounds..

short

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The Market Online’s Weekly Gold Report – Sept. 18, 2024