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Nevada Copper Corp T.NCU

Alternate Symbol(s):  NEVDQ | T.NCU.WT.C

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 Jan 12, 2021 7:28pm
155 Views
Post# 32281893

RE:RE:RE:RE:RE:CYP, SPMT, LI, PE, SIE, CRUZ and NRM all going to to explode

RE:RE:RE:RE:RE:CYP, SPMT, LI, PE, SIE, CRUZ and NRM all going to to explode
no this is not a disney mystery..    and yes !  U are reading the tea leaves out in center field..

Hycroft is the Legal Facility for the JV.. and Ak-Akk Groups are devoid of tons of SEC regulations.. as 2 the question is Payla the 4th Player ( i tink there are 5 - men in the middle on short days)..

quiet possibly..  but probably a direct vendor ?  No ?  hwv - he is most certainly a secondary investor on the 300M buys In !  below 300M$  and the stoks cannot be traded on say - PNC Paribas. Market Caps hav 2B 300M or above..  thats why U see these companies @ 300M IPO's

as to the 4th ?  that may B cayman or more thaqn likely London and Private..

we are talking billions flowing to canada and then bak again into the states..  initially:stoks are delivered to the companies in a wells armored car.. Hycroft registers them..  then sells them as a bundled Derivative - like home mortgage; interest bearing bonds..

now Hycroft has cash..  its unrestricted and can go thru the interbank wires..

e.g.  NCU now is ready to pit mine..  they need Haul Truks..  Lead tiem is six months - hwys hav to B closed to deliver them w the state police/complicated..

NCU cannot go to US Bank and ask for 250 million buks to go buy 10 haul truks..  US Bank doesent understand "Haul Truks" - not quiet the same thing as a Ford SUV / these they understand..  so finacing could take 7 monts to craft an instrument - collateral required/etc..

so in come Hycor Facilities (money)..  they lend the 250 Million..  NCU goes to Cat and pays up front for delivery of the 10 haul truks...  then !  Opps!  Cat has a strike - ohohhh !  it goes on 4 three months,,  now things are dicy w NCU - no income..  with a bank there is a problem w payments..  Federal Banking/Lending Rules are not-exit instrumetnts - same as a car loan..

there is going 2 B a large (5%?) penalty for termination of the note..

w hycoft.. they will reach out to one of their facilities - sell or bowwor to pay an extension on the 250M al ready out the door..  Cat will not return the money and will pretty much not write act of god events into the contracts..  soo everybody is happy..  the attorneys do not get a call..  and NCU doesent hav to lay off staff and go to the matt burning fluid cash flow..

in the cast of Hycroft - mines..  we are talking realestate..  lots of attorney here - tax structures/negoiations for distrik..

as to will it benifit NCU directly for arms lenght transactions [No] - these transactions are pretty much open air once they are announced...  NCU is on the board in this mix.. at some point - due to all the BS associated w taxes and regulations - expanding hospitals/schools..  a master player will come in here and snatch all of the units..  My Guess @ 30 months is Rio or Teslas goes solo and runs it all..

tesla stok has nothing to do w the price of a tesla ev @ I.5million per cost (PE)..
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