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Nevada Copper Corp NEVDQ

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.


GREY:NEVDQ - Post by User

Comment by Notgnuon Aug 15, 2021 1:57am
141 Views
Post# 33707006

RE:RE:RE:RE:pp or more credit?

RE:RE:RE:RE:pp or more credit?Meant to say: BOD (not bob... bob is too busy.)

Notgnu wrote: It only (officially) involves company management / BOB to apply to the securities regulator for approval as far as i understand. 

It is just one possible tool in the financing tool-box. They can do a little more debt + a reprice of existing warrants and or a new equity raise if they want or need to keep the balance sheet in shape.

Ultimately this is a one to three billion dollar asset (baby) swimming in a two or three hundred million of bathwater and no one that has been raising that baby is about to pull the plug...unless copper drops to the $2.00 a pound area.

At $4.00 copper this baby is going to be screaming, spewing and spitting out cash before it ever gets strapped into the back seat of a Tesla

N


patchh wrote: re-price..  we should see that wiggle in a few weeks...  i don't know what hassles involved w this..  apparently they can re-task the security but its a paper game and requires approvel - probably from all the exchanges and houses who hold the wts on thei r bookls




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