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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 17, 2021 4:11pm
143 Views
Post# 34137920

RE:RE:RE:patch!!

RE:RE:RE:patch!!think this thru...

i am leaning to a sale..  NCI is gearing up their balance sheet... it appears they are going to bring in a godzilla auditor..

NCI admits they did not see the imbalance on their tax (more tha likely) filings w the methods used for 2019-2020-2021.. 

they look like thy have declares an imbalance on the entire 828M$ and intend to expense that entire amount off as a US IRS Charge bak...

if anything we should B jumpin w joy that they can claw bak a few million from the IRS and deffer Tax enscouches going into 2022..

i will let it go from here...  if NCI proceeds w this audit (probably in full swing - now); they will derive a finicial instrument - that is certified just like a geo report...

in both cases U can use that info to sell a mine - especially one thats perpetually cash strapped after getting creamed w Code 19 / stopping mine operations...

otw - its warming up to B a short util that fidelity CtX is filled or terms expire...  Fidelity won't runt this foreever..  cost them too much money sitting on non IROC Shares...
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