Nevada Copper Corp T.NCU

Change of control

[Paramount]

While it would be great if a large entity came  in and invested in the potential of pumpkin hollow,I dont think this is what will happen.
My take,for what it`s worth is that PALA will put in another ~40-50 million ,resulting in further dilution  and gradually squeeze out smaller investors and offload this in a couple of years  with retail getting the scraps.
Hope i am wrong !

[nofluff]

Prob is pala and friends are 90% retail.  Nf

[Paramount]

Explain please. !!

[mckayk3]

Change of control means Pala sells it ownership (shares) to a third party.  Pala has somewhere around 0.60-0.70 average cost to break even. 

[BlakeRyan1978]

To add to Mckay's comment, the potential sale price that Pala and the other two largest shareholders (Mercuria and Solway) sold for, is the approx. price that will reflect in the shares of the retail investors (If transaction goes through). This is probably the most underrated best news for any retail investor still holding or recently invested. I thought there would be more chatter about

[nofluff]

There sell point should set immediate market price. However getting the op going and the drill started should big up price from there. Not much chatter here as not many left. Nf

[bogfit]

"Hope i am wrong !" You are, and here is why.  Mine disruption in low-latitude mining regions will highlight our intracontinental resources; and make PH’s reserves too damned important for those kinds of games being played with American resources by a Eurozone owned Canadian company.    No one cared much what Nevada Copper did before, but more attention will now be given

[BlakeRyan1978]

Very nicely stated, and agreed. Thank you

[bogfit]

I've long been a proponent of Hudbay buying PH after selling their high Andean mines such as Constancia; but they, for some unknown reason haven’t acted on the advice so far.  A fair question for Nevada Copper might be:  Do they have a schedule for reaching steady mill throughput?  Yes, no, or when?   b.

[Paramount]

Not sure anyone cares who controls the company. These strategic resources are destined for Germany  and unless the Chinese or one of Putins friends takes over ,i dont expect retail investors will be top of mind in any transaction.

[nofluff]

Yes par. China or russia would have retail investors in mind. I can not imagine any buyer having retail interests in mind. However, buyers want copper. The price is going up.  Nf