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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > What is going on?
View:
Post by rockhound3 on Jul 21, 2022 7:21am

What is going on?

At some point we will find out-

A buyout 

OR

the same old ?

possibly  time to increase the beer fund!! ?

ROCK

ps when will leeway and stand tall be recalled to be awarded the order of the Russian Bear ?

pps who is this Armstrong person 

ppps Is the USA going to follow the Roman Empire into oblivion ? 

last remember the key Constitional right of all American's =THE RIGHT TO DIE

Comment by RoyKerr on Jul 21, 2022 10:10am
key phrase in J4 release was "strategic options", which indicates everything is on the table. Sale is most likely given the rather dramatic release of J1. Not guaranteed tho, low price reflects the fear of a PP and another billion share microcap needing a 10:1 RS. If sale, timing will be interesting, as there is work to be done to get the true potential of the property into study form ...more  
Comment by bogfit on Jul 21, 2022 10:27am
A claim of "strategic options" isn't the same as having them or being able to act on them.  I don't know what's going on bcause I don't think they know what to do now. Pala is lost in space and hasn't a clue of how to retify the situaiton.  If they did hey would have 1)  told us what it is 2) act on plan. No point selling now, the stock is ...more  
Comment by mckayk3 on Jul 21, 2022 10:31am
Your worst case scenario is consistent with the share price today.  So that tells me little further downside from here... which means I'll average down more and hopefully lose less money in the long run
Comment by westcoast1000 on Jul 21, 2022 1:10pm
That is a reasonable summary of the range of possibilities we face, Roy. Thanks for putting them down. I agree: strategic options may mean a sale. Or it may mean a buy-in partner. It could be we end up with a working agreement to have the parties work together to determine the right buy-in price. That seems like a reasonable approach given the huge uncertainty over whether the UG mine will ...more  
Comment by nofluff on Jul 21, 2022 3:20pm
Did I miss something? Are we not getting 100 milloon cad to advance ug and op on our own?? nf
Comment by metalhead666 on Jul 21, 2022 4:51pm
Yeah, a brain.  No one is more clueless than you
Comment by RoyKerr on Jul 21, 2022 4:55pm
the 70M USD is in the tank. What we all are missing is whether or not the 'geotechnical challenges' are fatal to the UG, esp at $3.25 copper. Defaulting on main contractor is possible black flag. We still have a path to OP victory; but as outsiders, impossible to assign reasonable probabilities of that. I still want them to try, despite thinking sale is most likely.
Comment by patchh on Jul 21, 2022 5:31pm
that Op will not happen until National Coal completes Thacker Pass for LAC..  the biden admin will pay for the construction up there.. better keep Ur powder dry that NCI applied for that altrnative energy/mines grant; thacker will collect something  like 1B$ from the USG..  their stok will quadrupple when the grant is announced w/n the next three months... the bozo's here need ...more  
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