Nevada Copper Corp NEVDQ

Metals & Mining Copper

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.

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Nevada Copper Corp

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Comment by PMATSIon Feb 27, 2015 12:25am

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Post# 23470825

RE:anything similar in history to the Pala factor

Mat:

"BHP essentially pushed Donner Metals into bankruptcy 6 months after zinc production began in their shared mine."

...... did you mean the Glencore/Donner partnership with the Bracemac-mcleod mine?

"If they were given free reign they could take the company to the choke point which would suit them fine as they could extract 100% of the value via the loans. Long term this would be 100% for Pala and zero percent for us. We must be on guard against this possibility."

...... I limited my NCU share ownership in December in fear of a scenario with a NCU default with the Pala loan. Glad to see that others can see this and that I am not just imagining the possibility. Thanks for mentioning this one.

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