GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 25, 2021 12:27am
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Post# 33449132
RE:RE:RE:RE:RE:RE:RE:Ha >>> someone felt they had to down-tick the close :))
RE:RE:RE:RE:RE:RE:RE:Ha >>> someone felt they had to down-tick the close :))Thanks patchh for taking the time to write out this detailed and excellent explanation.
Makes sense now.
I am still confident that we will be at 50 cents minimum before expirey and that the warrants will trade + - a cent from that as the date approaches (despite attempts to play games... as always occurs to some degree.)
On ther other hand if a joint venture or offer enters the works then $1.00 to $1.50 is definately a defensible pricing at $4.00 / $4.50 copper IMO.
Cheers,
N
patchh wrote:
i don't think Nev Gold wants it.. their model is cartel...
Nevada Gold is a legally registered corp here in nevada...
37% is owned by Newmont - ABX owns the residual 63%....
do not confuse this with the little Nevada Gold on the outskirts of elko; this is a seperate operation mine that has no connection to Nev Gold...
Nevada Gold is a consolidated operation's (service sectors - saftey - ind hygene - security - EMS )
together they own 27,000 patented mining claims here in nevada..
nevada gold +newmont is a 70Billion Dollar mining conglomerate... CIRCA 2019..
and yes - a structured loan form a regional bank -is- a much better deal for the two mines in question... these mines pay a divident..
NVG. reaching into their poket to reach deep for a couple of billion buks - simply clobbers therir stok...
when these large deals do go down - they are always percived as overpaid and the stoks of the principals remain floored for several quarters..
as to the warrants - these beasties are a quagmire.. if the price remains around 6 cents for the Jan gooing into sept.. then its going to be a huge smoot point !
i hav a small chunk of this operation - just not in deep.. i do expect to see very large returns..
presently - the whole sho is headed to court here in reno over the Fast 41 and Thacker Pass permits..
this law suit has put the BLM Land Swap on hold.. i spoke to the PE over at BLM about ten days ago.. said its a glitch..
as to Arco or ARC... NVG may not want to do a direct acquisition due to the Legacy and ongoing clean up efforts..
a large banking arrangement for the ARC Distrik is in better positions to fend off any lang-grabs by the tree huggers..
these soo called tree huggers are essentially NGO's and are funded by third parties.. foriegn mines, goverments and like minded Stymies or Pygmie Politicians..
i.e. save nevada wildlands... this should be registered as a foriegn agent..
i hav not read Amoties bill in the US Congress, that has been thru legaslative services; but U can Bet that there will B language about finicial disclosures of foriegn interest.
Amoti is the repp for nevada who arranged for the NCI Land Swap and has the ARC Land Swap completed but not released w a date or decision..
as to a direct ARC Acquision by NVG;probably not.. i think it will B a new beastie and will reside in the offices of NVG in Elko..
AMoti had a podacast from elko a few days ago - he lightly touched on the predators who continully disrupt mining permitting.. even after they have been approved. the mining companies come in here - even with new technology; and they get sued the day they apply for a permit..
the mines are in the buisness of mining..
the banks need legislation so they can take care of the buisness of miners..
ergo - the LAC Fast 41 Federal Suit is w/o standing.. nevada is not filing a brief - neither is BLM - neither is Yearingtomn.. they will hav this tossed..
the tribes did not join and neither did a chief file a brief.. should the harry hater mod-squads gfet a stay..
count on the nevada confederation of tribes filing a countersuit and that's the last thing the federal courts want to see in reno.. the tribal attorneys come into the court house as a pak of wolves - jam all of the court rooms at the same time. its not one hearing.. its three or four...
harry hatgr has some serious bakers.. not a bunch of brainwashed college kids.. or one girl and 4 boys hugging a coleman stove - yumming hasbrowns..