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 > Financial statements have a lot of interesting reading.

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Comment by patchhon May 18, 2021 9:01am

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RE:Financial statements have a lot of interesting reading.

now I propably hav this wrong.. but here oges

cementex go into a tizzy - apparently w redpath and a third party softwatre vendor..

redpath posted a bond and sued NCI and Cementex... CtX was asking ~ 18 million.. not clear what redpath was bukin for !

NCI turned around sued all three for 88 million..

CtX went thru arbitration - rec around 2.5M$ the software company did not get anything and redpath took a bundle of stock and re-collected their bond from the courts..

yes it appears that the old managers provoked the melie ! got fired and rec 200K and 400K$.. the blow-by-blow is in one of the SEDAR filings..

when NCI made the now CEO acting bak then - directions changed.. NCI went across town, and hired a legal group out of Reno - probably the hycroft/barrik gang.?? (Elko has a couple law forms that onl;y do mines). sounds like the old managment had crummpy attorneys or tried to settle the dispute in the parking lot..

redpak apparently is still doing buisness w NCI = they develope Mine Portals.. i saw one of their truks when i went thru yearington last saturdy..

if i read the SEDAR correctly - redpath pulled the trigger.. otw not a lot of detail v/s doing a court search for washoe county

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