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 1:29pm
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 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 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 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
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
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 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 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....