Nevada Copper Corp T.NCU

Some additional notes....

[mrmomo]

Hey folks. just a few more notes regarading the recent financing & extension from creditors on their copper project. First, this is NOT the primary financing i discussed on my previous posy here and only consider the additional $12M to be a bridge financing for the company to pay the overhead bills & keep the project from lapsing. Neveda Copper is facing a huge & real liquidity issue right now and at risk of losing the project if they did not get this extra cash infusion from their major holder Pala, including the waiver extension from their lenders. So i just want to make sure that the investors who are following this story undetstand that THIS was NOT the financing that will get this project off the ground. This was only a BRIDGE financing to get the company through the short term humps & bumps. The BIG equity financing is YET to come.

I still maintain for folks interested in buying here to continue to hold off, at least until they announce the Private Placement that is sure to come soo. I continue to believe that this financing will be done around 0-50-0.60 and will be a double digit multi million dollar finacing with different creditors. In the meantime, a short term crisis for the company has been temorarily averted and should stablilize the stock price solidly above 0.50 for some time, at least until the primary financing is announced. Copper prices cotinue to hold steady and this should provide additional support for the comany's stock. As for an aproximaye date for the PP, i would expect this to be announced some time between now and year end for sure. So until then, later friends.

Good luck & God speed

[Newstock44]

Financial extension till 2023 won't the mine be making $$ by then. Not sure why we would need more cash we just need the stock to trade over $2 for that and the value is already there. Don't believe this new poster on the board. Cheers NS

[SNgu8000]

He JUST want to make sure "NCU Don't move too much - wait for me " or want financing HAPPEN b4 he jump in ??? Nothing is CERTAIN in this world man - Market is un-prredictable ???

[bogfit]

"THIS was NOT the financing that will get this project off the ground..." Uh, it's "off the ground" already!  If you wish to illustrate a need for additional capital, please provide your estimated cash flow based upon costs vs. income for the next two quarters.  A bare-bones assumption that more capital will be needed without analysis is insufficient to convince.

[newinvestoor]

. I see that you bought into that Silver spruce Pump SSE.  I don't think that was a good decision. So I will take your post with a grain of salt with regards to NCU

[westcoast1000]

Here are the facts known to all based on corporate news releases and other information: It is true that the recent agreement to extend the KfW loan for another month was not the same as the stated capital raise that may be required this fall, as per the NCU news release. No one knows if that will be a private placement, nor does anyone know the price at which it will occur. If it is a pp, it

[westcoast1000]

Damn! I missed out on my last purchase by wasting time responding to that joker mrmomo. So it goes. I still have July warrants. At this rate they will be in the money before the end of October. 

[mrmomo]

westcoast100 wrote: "It is true that the recent agreement to extend the KfW loan for another month was not the same as the stated capital raise that may be required this fall. That captial raise could come from more debt instead of equity. A copper mine is indeed an asset one can take to the bank. I urge anyone interested to read about KfW. It is owned 80% by the German federal government

[bogfit]

" The company has a burnrate of $5M-$10M every qtr depending on what they do. " Substantiate that and describe the variables as you see them.    b.

[TomsStockHut]

already comment that: have a look at the KfW website, check the northstream 2 investment case. you will find out that westcoast is right! KfW is capable and willing to finance UG and OP without new investors! BUT: NCU has to deliver... Cheers, Tom

[patchh]

not be open to the likes of retail investors  !!! https://money.tmx.com/en/quote/NCU/trade-history the link here has mainly large banks in Ca. making trades...  several of thes do not hav retail trade desk..