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 Notgnuon May 25, 2021 9:32pm

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

WTF you cry baby... I haven't done any trashing... just comparing based on the information as I get it form Ivan-Beliebers.

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cashtango00 wrote: I don't know anything about commercial construction, but I know plenty of mine finance and construction and 15 % is literally insane so educate yourself. They have to pay 15% because their balance sheet is that bad. Pala has stepped in to save them and protect their asset, but they are taking a ton of flesh and they will dilute like nuts to recover their finacial hits. What they are doing is perfectly legal but its the equivalent of an individual cash advancing their Visa to pay rent.

Read the tea leaves here, lots and lots of dilution on the way as the debt will be converted, and they will need to raise lots more cash to meet their cashflow projections. A lot.

Consider my motives. Huge investor in Ivanhoe with a big back ground in mine finance. Just tired of your fearless no nothing leader trashing our board, so I'm going to bring a little reality to the shareholders here who clearly lack an understanding of what is actually happening and how dire their companies financial position is. High cost producer with a horrendous balance sheet. thats what you are buying with NCU.