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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 patchhon Nov 15, 2021 12:19pm
121 Views
Post# 34127620

RE:A chance to get in lower than pp

RE:A chance to get in lower than ppthe mine declares 850M$ in impared assets...

i.e. in theory the mine whould B around 8.5$ a share w 100M NCI Stoks in free float...

Payla is applying for loans less than 10% of the replacement cost of NCI and/or unsecured debt..  they are charging this bak to our stock - the market treats it as unsecured...

Payla on a sideline holds a secured mine bond on the 850M$ / impared asset (liability for tax).  this allows for Payla to Guarantee the lenders repayments..  spot demand loand for NCI and charge since 2019 - something like 97M$//  he is paid in heavily discounted stoks and the mine is then refinanced again as an unsecured venture..  Payla simply co-signs the loan w a bond re or insurance re'  they hold...

-->>>  running a mines or any public company valuations to 10% of their physical holdings is a red flagg for taking the mine private..  this 10% or 0.77 v/s 8,5$(treu value stok)  is just about the rite tempo for a medium baked turkey...

NCI has been looted - probably for the last time..  that annual statment of expenses was clear - it would B 2024 before NCI could pay its bills...

time for Vlad to make his last move ! as the stok dips to 40 cents when the free NCI Free Float Stok doubles 1st or 2nd week of dec...

Vlad has played way too much Bingo @ the Casino Royal - retail investors are gone / nobody outside of instutional flipping w thier bots up in Ca --  oeft to buy/sell....
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