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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > Bill introduced to convey BLM land to Yerington -
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Post by Dragonflyinvest on Jun 15, 2024 6:21pm

Bill introduced to convey BLM land to Yerington -

 - February 16, 2012 - Copper $3.88/lb.

(AP) - Nevada's U.S. House members have introduced legislation that would convey 10,000 acres of federally owned land to the city of Yerington in Lyon County for development.
 
Northern Nevada lands bills pass Senate
- December 12, 2014. - $2.55/lb.

Today, in a big moment for Northern Nevada, a historic package of lands bills — six introduced by Rep. Mark Amodei, R-District 2, and one by Rep. Steven Horsford, D-District 4, passed the Senate as part of the National Defense Authorization Act. The bills now move on to the President to be signed into law.
 
The key measure for western Nevada is the Lyon County Economic Development and Conservation Act, strongly backed by both congressmen. Horsford said that measure, pending in Congress nearly six years, will create more than 3,000 jobs by enabling development of a major copper mine near Yerington."

Northern Nevada lands bills pass Senate | Serving Minden-Gardnerville and Carson Valley (recordcourier.com)

A drop of over 30% in copper prices while a previous version of Republican retribution* delayed the land bill for nearly a year and placed the sale of the project in a declining commodity market.

*  House Republicans sought political revenge against Nevada Senate leader Harry Reid for not bringing up their BS bills for a vote in the Senate by tying up our land bill in the lower house.  Nevada is a red state and still we got screwed. 
Comment by patchh on Jun 15, 2024 6:49pm
National Defense Authorization Act  - Created NCI ( its a fear-dear project) really - its already under the NDA...  simply need one democrat from nevada and the govs office -2- toss out some kibbbles to the new buyer.. that court filing was a good glance... here is where its get thick as wet jam...  NCI DIluted Shaholders to provide equity.. does this make the ...more  
Comment by Dragonflyinvest on Jun 16, 2024 10:49am
When congress delayed the land bill, and the price of copper cratered, Pala thought they could scrape by building a "satellite” mine to the OP for a couple years until the price of copper recovered and they could sell the mine then. The UG mine was a “compromise” and an alternation of the original business plan that sold many early investors on PH, a second best guess that was really not ...more  
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