GREY:NEVDQ - Post by User
Comment by
patchhon Nov 12, 2021 11:26am
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Post# 34119810
RE:We wonder if anyone knows how
RE:We wonder if anyone knows howNOW HAVE EVERYTHING UNDER CONTROL
i looked the 2021 AFS -- they are payin their bills.. Vld is BackStopping and they do wind up w a few rare pennies at the end of year..
this is the third time they hav reset their share to 7 and this is a little old.. this last round was mucho gracious 4 the insiders...
they did retire their debt -but- they also wrote the Jan Wts off as a loss.. this is on page 19..
worded sideways in the discussion or statement.. but the declaration was 0.o1CAD for valuations..
they flipped and jammed thru another Jan Finny pak.. loaded it up w gobs of stok on top of the stok they re-derivatized from nothaving exercise... they pat that bak on their books as non performing, -4- face value of 2.00$,, that works out to around 35M NCI Storks.
Vlad re-captured the wts experition cash and somethink like 30M new shares..
i will attempt to look the last sedar over later... the line about keeping his 41% is baloney.. he doubled his gambit y placint the NCI stoks allocated -2- wts exercise. bak onto the books as nonallocated nonperforming debt and charged that off yesterday...
here is another item... i watched a couple weeks ago, a rather bucket scoop being transported over to yearington.. i only saw three parts of the shipment.. one of these mini Eries..
--> NCI is fully permitted to MINE... i hav never seen the permit.. but under Fast 41.. Mine has been defined under transportation rules / as compliant per the Clean Water Act... the feds simplified mining groups into one large definition.. simply means that if a mine has a mine permit it can mine snail darters if the can find them on the mine site permitted to mine... they used interstate transportation rules to define what a mine is...
>> bak to that mysterious buket loader.. NCI may take a swipe at the gold that is on that property.. looks like they were collectiong around 125,000 on the metals streams (mth -quarter ?) from concord who was paying 1/2 the freight on copper around 6000$ tonn.. here i think Vlad may hav a partial ownership of that company ?
Buff is a gold guy... he also built the new heap leach up @ pershing for Hycroft.. that was a simple Glory Hole mine (he has the technical experience)... i think Vlad and company will build an OP come first of the year.. but - yep ! us guessed it.. an open pit for GOLD/Silver,,
NCI simply cannot finance a 100,000 tpd Copper Pit mine -w- bi annual finance paks that overallocate stoks to Payla...
can Buff build an OP copper pit ?? hard to tell - - - looking over the H1B-Visas that were awarded to Nevada Gold.. probably not... several of the people listed on that influx were designated a Federal SIC Specalist ans open pit surface engineers.. the OP Saftey Engineer is coming thru the door @ 300,000 +$$..
as to taking NCI Private.. its already private -lo shares in circulation higher ratios owned directly by NCI Partners..
otw - that refinny pak did not increase cash into the mine.. simply wiped existing debt and loaded their bank accounts up for a 6 month period of aronf 41M$...