Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > change of control
View:
Post by nofluff on Oct 06, 2022 8:31pm

change of control

Looks like pala is taking over. Hopefully a good thing. The second crossing completion is good for sure. Change if control essentially garrantees funding to ramp up. Europe does not care. They want the copper.

I am glad to hear, we were not idle. I think this is very positive. 

Lets see how market reactsmin the morn.

nf
Comment by Stb888 on Oct 06, 2022 10:42pm
I'm quite happy and satisfied with this last release. By the way I don't think the third-party strategic investor they refer to is Pala. Let's see how the market react tomorrow. 
Comment by bogfit on Oct 06, 2022 11:00pm
In plain speak they are saying an investor wants to buy a chunk, but negotiating with " ...  may need to pursue proceedings for creditor protection. The Company’s creditors may also seek to commence enforcement action, including realizing on their security over the Company’s assets."   Their backs are against the wall.   b.
Comment by patchh on Oct 06, 2022 11:58pm
Vlad has a brokenTSX borrmstik protuding..  they are under investigations...
Comment by nofluff on Oct 07, 2022 1:02pm
The nr is a bit confusing. Pala extra 25 million is said to b enough to take mine to positive cash flow. So no extra cash needed. But a 3rd party investor. I am guessing this means a new investor proposes to take control of project. To do that, would require about 500 million dollar injection for 51% of project.  That would send the project into excellaration mode. Op, exploration and solar ...more  
Comment by nofluff on Oct 07, 2022 1:29pm
A hostile bid would not work as pala and friends have control. So an offer to get 51% and control would have to b subtantial and market approved. The offer would only b tendered after current fince in place. nf
Comment by metalhead666 on Oct 07, 2022 1:35pm
How's your "full fill" at .35 working out for ya stupid?
Comment by nofluff on Oct 08, 2022 2:48pm
Yup!! I think solway it is. When the deal is all done, sp will b up I think. So us ma and pops will still have a chance to pick up more cheapies with much less risk.  Solway office is right next door to pala. Sure hope it works for us ma and pops:)) nf
Comment by patchh on Oct 09, 2022 9:04pm
hostile has nada. Nevada Gold  NCI - Both were Stragecially Attacked w a bioweapon bak in 2019 -- aka C19 Payla is simply a victim... KiWi is bridging to exit this NCI Property...  the krauts will not need copper - the russians hav flattened their prospective EV industry.. >>>>> Wood a barrik Becthel sunk a 2000 foot vent shaft @  NCI Yet..  thats the ...more  
Comment by patchh on Oct 06, 2022 11:56pm
NIC is in the mudd w the TSX..  change of control to the TSX -is- a fast payla exit and all the minions that went w slimeway and SSbank...simply not common to continue to runn amuk and acquier additional storks in a large skimm
Comment by mckayk3 on Oct 07, 2022 4:08pm
Why would Pala exit now after haggling +80% control from the Restart Financing Package?
Comment by retired48 on Oct 07, 2022 4:50pm
SOLWAY ?(pala?)
Comment by patchh on Oct 08, 2022 5:47pm
he mite hav TSX problems
Comment by retired48 on Oct 08, 2022 6:16pm
I really hope Stowell has big problems with TSX. As it is 2,000,000 share down to 200,000 and with Stowell would be down 20,000 shares at .25cents Talk about mining the shareholders.
Comment by nofluff on Oct 08, 2022 6:46pm
Could u elaborate on what you mean 48. nf
Comment by nofluff on Oct 08, 2022 6:57pm
It seams to me that the current finance package gets it all done for restart. The 3rd party would need to be something much greater.  Big things happening.  nf
Comment by retired48 on Oct 08, 2022 8:10pm
I too hope something big is going to happen but it'll be after ANOTHER DILUTION so as I said my 2,000,000 shares got diluted to 200,000 shares so the next 10 for 1 will leave me with 20,000 shares As I said they are mining the shareholders and not much copper.
Comment by nofluff on Oct 09, 2022 11:11am
I believe the term, "mining the shareholders", is derogetory expression for conning the sh. I think there has been some. One expects that in all business. Mostly, there has been bigger challenges than expected. Pala kept being the white night with bridge funding. No one could predict how bad covid would b or how bad the war and weather events would b. I think the untrable ground on the ...more  
Comment by nofluff on Oct 09, 2022 2:17pm
I am guessing pala offers to move there percentage to solway at a certain price. Solway then offers ma and pop .50 a share and deal is done. Opportunistic for sure. That is business.  Who knows?? nf
Comment by nofluff on Oct 09, 2022 2:37pm
Of course, solway has been focused on nickle. But they did invest in ncu. and are in the same country as pala. Pala has control at present. nf
Comment by patchh on Oct 09, 2022 8:09pm
sho me where slime paid 4 storks
Comment by patchh on Oct 09, 2022 8:17pm
pop Ur ignore heads N2 a wet bag... it won't move until retail returns <<<<< 2025  >>>
Comment by patchh on Oct 09, 2022 8:26pm
TSX will not continue to approve reversals on impared assets... dilutions new splits??  NCI can issue new unlimited stok w/o notice --  But Why ? that property is worth about a cool 1Billion$$ w asset development.. vlad needs to B paid....  he will probably continue to hold NCI Stocks.. think Stork Locks on Payla..  ??  30 months  
Comment by patchh on Oct 09, 2022 9:21pm
payla exit.. they hav been thru a huge set of naggs...  payla needs to get paid and that dyke series is going to require a new set of engineers and undergrounders the large scale construction/infrastructures at yet is not a accurate scalar of the nci property.. nci is simply a tiny mine at 5000...  the distrik is being constructed to mine around 200,000 tpd.. this is virgin ...more  
Comment by Rational47 on Oct 09, 2022 3:15pm
A takeover?   I am doubtful of that.  TSX approval of the shareholder approval exemption appears to be moving towards a favorable outcome.  I see NCU clearing the books of all debt and a new debt forthcoming via the"change of control" mechanism recently mentioned.  Perhaps a perging of the Board of Directors and replacing the old with new leadership?  But who ...more  
Comment by nofluff on Oct 09, 2022 4:01pm
My confusion is this 47. Currently, technically, ncu board is in control. Randy is ceo and will b on the board. Pala will own way more than 50% after deal. Randy is a pala guy. So pala has real control. Change of control will happen, I am sure. Solway are very sophisticated miners.  My hope is that ma and pop get a piece. nf
Comment by patchh on Oct 09, 2022 8:07pm
randy is a payla dollie ? U effing moron... RB is Nevada Gold..   about 1/2 of NCI is from Nevada Gold  upper managment Vlad  has issues w/n  the TSX up in canada...  he may own storks going forward; good than better betts he is removed from the board/nci as a voter and or director.. hudbay across the street will make fire'', on solways smoke for anything that ...more  
Comment by Rational47 on Oct 10, 2022 12:56pm
NoFluff  I am confused, too.  The NR wasn't very clear on what is expected to take place.  However, it appears that the game plan is more ambitious now.
Comment by nofluff on Oct 10, 2022 2:07pm
That is my take 47. I still lean to solway control. This is all swiss and german money to date. So it will take a euro corp to take control. Solo is a swiss mining giant. So it will not b a buy out. I believe it will b an earn in with solway in caveate control until 51% is earned. Example. The new finance is done 1rst of all, after agreeing to control change terms. Then solway earns 51% by ...more  
Comment by westcoast1000 on Oct 10, 2022 7:51pm
Change of control means someone other than Pala ends up owning more than 50%. That can only occur if Pala sells most or all its stake, either directly or through issuing tremendous numbers of shares.  Pala would only do that if it gets some profit on the long term investment it has already made. My rough guess is that they will have an average share price somewhere around .80 to 1.00 Cdn ...more  
Comment by nofluff on Oct 10, 2022 8:01pm
Well wc. I usually agree with u. But, pala did not backstop with another 25 u.s. mill, just to walk away. Solway did not participate in the recent round of finance, so puts them in 3rd party. Rio could do a take over as they are in the area with lion. I will stand by my solway call on an earn in. nf
Comment by patchh on Oct 10, 2022 8:20pm
Slimeway cannot get a GAMING PERMIT in Nivida.... p { line-height: 115%; margin-bottom: 0.25cm; background: transparent }
Comment by nofluff on Oct 11, 2022 11:47am
The directors on ncu are extremely high profile and well connected. 3 of 7 are on pala payroll. The ceo used to b on payroll I believe. If he is appointed, that ould essentially b 4 out of 8. If solway is making a takeover offer, no doubt the entire board would agree. A few more would no doubt b added. What suspense!!! nf
Comment by patchh on Oct 10, 2022 8:15pm
Westie ! The only mine company truks in Yet are the same ones here in elko...   Rio mabey ! Sawtooth ???   Saw is higher on the list of suspects... this is national coal and thre are NC truks running around town over there..   RIO ?? they hav been selling assets for several years ! Possibly.. they hav sal lake @ kennicott..   vlad needs to B paid... solway ...more  
Comment by patchh on Oct 10, 2022 7:54pm
Slimeway has a Mk CapX of 450M$ and sales of around 125M$.. half of their mines are closed; they hav a smelter in the pak rim area...   this will not translate into an open pit.. bottomless pit... err slimeway pity !   the mine is impared... U simply have no iota of whats required here in nivida..   2 simply apply for a permit or expand a new permitting.. the sate ...more  
Comment by patchh on Oct 09, 2022 8:15pm
NCI is impared...  Payla is up 2 their butts w the TSX and Nevada..  NCI is a federal grant/mandate 2 the city of Yet and the request of the Nevada State Dept... that last deal w slimeway and ssbanksters  lit'  up the radars from carson to DC to vancouver/berlin... Ur looking @ a board wipe....
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities