GREY:NEVDQ - Post by User
Comment by
bogfiton Jan 21, 2023 1:28pm
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Post# 35237497
RE:3 key aspects of investing in mining as it impacts NCU!!
RE:3 key aspects of investing in mining as it impacts NCU!!" such that the deposit is increasing in value"
But not the project if the capital improvements don't exceed the debt incurred in the absence of future positive cash flow. That's the threat of bankruptcy for shareholders.
Which do you think would for Pala be easier and quicker, to get the mine running profitably or just walk away in a bankruptcy?
Now no one might want to talk about that, but it is a possible outcome. What the company needs to do is demonstrate success, if not there won’t be any need for NCU shares. The idea that just with the rise in the price of copper that Nevada Copper’s balance sheet or share chart will look any better is wishful thinking. Those who base their hopes on that, ignore the fact that NCU is not the only girl at the dance, and quite frankly some others look far better than her.
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