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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.WT.C | 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 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.


TSX:NCU - Post by User

Comment by patchhon Jul 02, 2024 5:43pm
75 Views
Post# 36115315

RE:RE:RE:RE:Shells - Pixie Dust and a good ol snort..

RE:RE:RE:RE:Shells - Pixie Dust and a good ol snort..

thats not correct..  shareholders are protected in a DIC..  this is not a C-7.  U would hav to spend some time and read the court filings..

yes whe it was announced on the 10th..  i thought it was a wipe

as to the rear ending off stock holders.. its against nevada state law 1926 (Silver Springs) to buy a mine and then dilute the acquisition stock holders..  they hav been mining that area heavily since 1850's whe it was the Inyo Miners..  stok prices then were based on what a tome of ore brought/sold v/s cost per tom mined..

 

otw – the DIC is director in controll/posessions and the mine has been awarded 60M$ to jeep employees on board.. salads – bennies – big maks – starbuks (opening soon @ Yet!)…

 

ask one of the posters to give U the last two court filings..

 

the mine will B sold.. the closing cost will probably B close to 100M$ and will simply B rolled into the sale.. the ciurrent stok price will B reflected in the apprasial.. NCI has Claimes 960M Shares in last weeks ASM @ toronto.. not a nickel morgan uptik.

 

We don’t know who the bidders are.. pala owns 77% of the shares… preventing an hostile shor sale.. the mine looks like it has had several man in the middles @ midnite.

the stocks are equity...  mines in nevada are sold...

here is a DIC

Chicken Soup For The Soul Entertainment Files For Chapter 11 Bankruptcy Protection

 

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