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 > financials are very concerning...

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Comment by cashtango00on May 25, 2021 7:29pm

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Post# 33265053

RE:RE:RE:RE:financials are very concerning...

Its not a worse case scenero. its a reality called dilution. Work this out yourself, why are they paying 15% on debt? You think thats normal? A little more debt to equity LOL its 26m @ 15% and thats just the tip of the debt iceberg. Most of the debt will convert and they need lots more money because the well is getting dry again.

Clearly you haven't been around the block much. Do a little research on what usually happens when the largest shareholder becomes the largest creditor on insane terms.....talking to you is like feeding a 6 month old. So clueless.

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