GREY:NEVDQ - Post by User
Post by
marketsenseon May 29, 2021 2:56pm
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Post# 33292847
More ramblings
More ramblingsTotally concure with metalhead. TKO is on the cusp of creating tremendous value with their
Florence project and later on the Yellowhead. As for NCU, will be one of the great turnaround stories next year. As long as copper stays strong which it looks like it is this time, [the last time
it was sabatoged by Trumps trade war with China], there will be funds made available if need
be. NCU is almost across the finish line so all those insiders and invested interests want to get
their money back. There's no way they're going to allow the project to fail because of lack
of funding at this point in time IMO.
If the worst happens and they fail to make their int payments, and default on their loan repayment
schedule, the value of the asset far exceeds what the outstanding loans worth are worth. I think its
already been mentioned that it's in the best interests of all parties involved for this mine to
succeed. I'm also sure there are many other mining companies who would love to scoop NCU into
their portfolios if they had the opportunity and the price was right.