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 longshot52on Dec 04, 2015 1:32pm

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Post# 24355315

RE:RE:NCU

I have no concerns about NCU "going under". Pala will continue to support NCU, and RK will extend its loan repayment requirements, until copper price bounces back. They both have too much to lose, and nothing to gain, by letting NCU "go under." Pala has deep pockets. Continuing its support of NCU will not cost Pala much, in relative terms. IMHO.

I would agree somewhat with your statement if Pala only held shares in NCU, but because Pala also owns secured debt they have many more options available to them than just fronting the company more cash to keep it afloat.

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