GREY:NEVDQ - Post by User
Comment by
JoeStockIQon Feb 05, 2022 1:53am
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Post# 34400463
RE:RE:RE:RE:Response to dcjones4396
RE:RE:RE:RE:Response to dcjones4396patchh wrote:
the mine is essentially finished... the NCI engineers appear to had a few tips from the Nevada Gold cru...
in situ - the mine is worth around a billion dollars....
what has occured since 2019 when NCI installed rhe 2000 foot drain well, that taps onto the aquifer and ends below in a mine shaft entry point,, for pumping the dyke water ( we hav the well drillers logs from the nevada well log site). is NCI had hidden all information especially on the dyke..
that news came out last year when they announced install of a vent..
not being a mine engineer.. the mine shaft is limited.. the mmine is permitted for fill in place.. there is only one hoist rated for 6500tpd.. that includes up N down.. its rated for hoist..
when we read thru the skimpy dribble info sheets.. there is new nuz that the dykes require arounf 700 feet of upgrade to get to the ores... that overburden has to B removed..
this implies that the mine is impared going forward...
then for almost a year the mine has not been able to mine ore and fell behind in their offtake w the streamer.. this offtake is sold as freight on deck and then issued a LME Swap for the equivalent ore which is delivered to germany...
U start tossing in 9 months of offtake arrears and heavy industrial upgrades to ore tunnels and that sugar cube is preloaded and diabetic..
Payla - has also been a ood community stewart.. he shut down the mine fo the first wave of C19..
65 people died in that town.. its population is 2000 souls...
Vlad has lost a wheelbarrel of cash w c19 and the water spout.. vlad i also suspect has the cash and did not need to buy up w this last scotia tranch... this brings vlads carry interest from the last 2 +1 to around 97M $$.. he is flooring the mine w interest charges and stork swaps simply because the mine is not producing.. he is at the top of a pyramid built outta sand...
he is simply passing bad gass when he states Open Pit and then brings ina straw man - or solway.. solway is a stalking horse 4 a sale...
unless vlad diggs for 500M$ of his funds w/o a new new bootlegger finny pak.. he is done !
the last thing as investors is watching this stok go above 2$ at any speed...
if i am correct about the cash bottlenecks - vlad will B in swampy waters headed into july aug looking for another raid @ 2 buks...
Vlads options are to sell to a local Major or go for a JV.. solway is not a JV - its a second hand solo mine operator andoperates rabble.. solway does hav a smelter in asia..
here in the states.. the Nevada Gold cartel already has a 30K copper mine and is looking to build a smelter or start heavy rail to the old kennicot mine @ Salt Lake which is slated to B mined out in2030..
otw - for a new entry.. buy.. it should hit a buk by june..
there is a lot going on here in nevada @ Yet !
Vlad simply blewoff the majors and has pissed of a few of the power rangers w his xploits short of extortion...
mwh - NCI is Very High Risk CapX - that in some point going into 2024 will pay off..
Hey Patch, taking everything you say here as gospel still leaves one resounding question: How, under the circumstances you lay out above (and from your previous posts) could the share price possibly hit a buck by June?? After all, your current scenario depicted contains not a single positive catalyst to move the share price higher at all, much less 30% higher in 4 short months. Your analysis of the current situation (which certainly sounds credible) is totally devoid of anything positive to move the stock higher. If you would be so kind, how will that actually happen?