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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

Post by slewfoot2on May 28, 2024 5:40pm
94 Views
Post# 36061238

well

wellstevie,   it seams u dont understand.... sea its knot ncu going bankrupt,  its ncu going into banruptsea protection.... night and day difference..   bankruptsea protection protects them from a secured creditor from calling a loan and sinking them ( the chicken guys), while theycome up with a restructuring.... so ncu could invoke chapter 11, then pala negotiated with KFC and other creditors ( themselves), and then exits from BP with a clean balance sheet, usually all parties takind abit of ahaircut, and the commons totally getting their nutz clipped.... ( ie commons go to zero), kfc and pala restructure and its private.... 
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