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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.


GREY:NEVDQ - Post by User

Nevada Copper Corp
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Comment by CuJunioron Nov 20, 2015 8:18pm
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Post# 24311354

RE:RE:New copper low

RE:RE:New copper lowThe open pit may be sidelined, but I am not so sure about the underground.  It will take money to keep NCU afloat no matter what they do, and there is only one real source for that - PALA.

I expect Vlad will fork over what is needed, but I would expect for him to demand more of the profit later on, either through equity or interest.  Either way, we shareholders are going to have to settle for less.  The longer it takes for copper to recover, the smaller our eventual share will be, and the bigger PALA's share will be.

At this point, I can live with a smaller share.  PALA has sunk a lot of money into this already; it is not like they are cheating us or anything.  They have taken the pain right alongside of us.  Without PALA I don't think we would get anything at all, NCU would go bankrupt.


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