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 > Gann: I would agree with you if

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Comment by Gann999on Nov 21, 2021 8:56am

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Post# 34150397

RE:Gann: I would agree with you if

The way I see it is they basically bought their own debt. Some of the money raised will be used to retire debt and accrued interest. Will be interesting to see how this trades in the next few weeks.

rockhound3 wrote:
This was a private company. In addition PALA has certainly SIGNIFICANTLY REDUCED their average cost of the shares they own in NCU.

Further if NCU was properly managed the stock would not have dropped so far = and thus the question was the drop in share price a planned strategy? I would HOPE NOT!

And just because PALA has loaned $ to NCU does not give them the right to treat the retail investors as suckers!

If Vlad cares we would hope that he would fix this mess by putting competent independent Directors in control of the Board!

ROCK