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 > Bankruptcy is when the value of the assets

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Comment by Notgnuon Sep 07, 2021 7:09pm

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Post# 33822981

RE:RE:Bankruptcy is when the value of the assets

So are you suggesting (via the flounder) that KFW would not re-new and no one else will thus BP and a negotiated settlement in which KFW would get much less back than what they have lent out?

Or perhaps you are suggesting Pala would call their loan(s) and then no other lenders will step up thus BR and everyone gets less from the negotiation and that no other bidders would want to swoop in ahead of those that called their loan?

And are you suggesting that the BOD and Executive team want to give up the collective 4 or 5% of the company they just were given by way of rights and options?

Seems like a pretty weak arguement given the price of and outlook for copper.

N.

JoeStockIQ wrote:

rockhound3 wrote:
Is less than the liabilities!

Thus I can't see bankruptcy however I do hope for Vlad realizing that he can't compete in the west and puts his interest in NcU up for sale and can then buy a big yacht to compete with his other buddies who took the $$$$ from their countrymen!

PH will be a successful mine it is just a question of who will get the $$$!

In addition there are buyers and thus they must see something that the sellers are missing!

But don't worry whether you buy or sell you will be dead by 105= ie you can't avoid the inevitable SO ENJOY

Rock

Hey Fish, can you take a second here and explain to rock why his above assertion is incorrect as it applies to BP? You know, the whole thing about supposedly having more assets than liabilities in regards to really not mattering when making the decision to head towards BP...he'll appreciate your take here for sure.