Nevada Copper Corp NEVDQ

RE:RE:RE:RE:Hollow Pumpkin Halloween Nightmare Continues

[bogfit]

" Pala is toxic on all the boards I visit"
 
Among other things in you post that caught my interest was the above as it isn't just a matter of opinion, but stated as a fact.  To better understand the toxicity, you report one would need to visit those boards to place their remarks in context.  Would you please list those boards?
 
"I am trying to suss out if I can time the buyout offer ..."
 
Good luck with that!  But thanks for the addition to my vocabulary.   Are you a Brit?
 
"I was totally ignorant two weeks ago ..."
 
Now this is interesting – On this board we see 90% opinion and 5% actual, real fact – the other 5% is nonsensical blather.  I would love to hear specifically just what it was that you learned which caused the concern.  My impression is that the high turn-over in top mgt. was from trying to deal with incompetent people in Switzerland.

We know that NCI has had more than its share of bad luck, and has had difficulties in construction that speak to incompetent management and/or more likely in board direction.  But maybe, if Pala isn’t’ too dense, they might have learned a lesson from this debacle, and begun listening to the professional staff.

If so, I know of nothing that precludes UG reaching positive cash flow in 2 quarters, nor any reason we should overlook the present value represented by the billions of pounds of copper that still remains in the ground.  The OP mine at PH will be built.

No one should buy NCU for the UG production but rather the reserves.  As a precious metal investor perhaps I am more sensitive to the issue of reserves than the average copper guy, perhaps because copper is so much more abundant in the earth.  The history of copper prices in the 20^th c. reflects the discovery of large copper deposits in faraway places, Indonesia, Chile, and Africa come to mind, and with the development of modern transportation these resources became economically feasible.  That will change.

Transoceanic trade will continue but at much higher costs, but only from regions where mining is still feasible, and where a line of communication to seaports remain open.  The additional costs associated with climate change mitigation and transportation may make the cost of overseas production prohibitive.   It is important IMO to realize that we don’t have to wait for an environmental catastrophe to see the benefit for domestic producers.  Once people in the industry start to look at how drastically and rapidly the production side is impacted by climate change, they will start seeking intracontinental reserves – like those we have.
 
b.