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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 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 rickwayne1982on Jun 18, 2024 2:32pm
159 Views
Post# 36094465

Elliott Mgmt's Hyperion possibly acquiring Pumpkin Hollow

Elliott Mgmt's Hyperion possibly acquiring Pumpkin HollowThe sale is likely already in the works in tandem with restructuring. The pieces of the story are finally coming together. Press releases about Nevada Copper needing funding all these months and seeking a COC are not new. 1 of those 2 bidders mentioned in documents is coming out the winner unless both parties work out a deal together to buy PH.

The deal may close faster than expected, especially with the new inclusion rate, for capital gains realized on or after 25 June 2024 for folks in Canada holding Nevada Copper in their margin accounts.

News about Elliott Mgmt's new Venture to buy Mining Companies / Assets
https://www.nasdaq.com/articles/elliott-managements-hyperion-to-seek-billion-dollar-mining-assets-as-metals-demand-grows

If shares are not delisted, they won’t be tradable until the deal is closed. If the deal includes delisting Nevada Copper Corp, which I believe to be the case, then those OTC pink sheets can be used by the trolls on this board to send love notes to each other once this board is removed.
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