Nevada Copper Corp NEVDQ

An OPPORTUNITY or an OMEN?

[rockhound3]

It is important to remember that while the stock price is down I am not aware that there are any major issue with the mill and complex processing plant!

This has serious value and as noted is almost certain to be pumping out copper concentrate for the next 50 to 100 years.

As I have noted in the past building an operation such as PH costs serious $$ and the availability of  feedstock is so important. The copper at PH isn't going away and thus as long as the cash cost of processing the ore is less than the marginal revenue .
In the past  I made reference to an operation in the Canadian Maritimes where a magnesium ? Plant was built but never opened due to competition from China - this is not likely to happen to NCU.

Unfortunately  one of the problems we the retail shareholders of NCU have is that we don't  have a full understanding of what is going =ie what are the facts?

What we do know is that there have been many individuals involved however it is very difficult to determine:
-the FACTS
- without the Facts we don't know what was done right
- what MISTAKES  were made
- what CHANGES should be made
- then we face the question is this what VLAD wants to DO?
- are Vlad's objectives the same as the retail / minority shareholders hopes?

Unfortunately the NCU Board of Directors is both led and controlled by PALA EMPLOYEES who are not INDEPENDANT and while Directors are suppose to represent all SHAREHOLDERS  this STRUCTURE makes this OBJECTIVE  very difficult if not Impossible to achieve!

In addition to this inappropriate structure we have been hit by one unexpected problem/ disaster after another. 

Investors can appreciate that problems can occur howeve when there are many unexpected issues which aren't fully explained after several surprises shareholders lose confidence!

While solutions are difficult to determine when one doesn't have the FACTS, doesn't TRUST the sources, many flee the investment!

We need FULL TRUTHFUL, INDEPENDENT  INFORMATION.

We  need an INDEPENDENT, EXPERIENCED BOARD CHAIR ie Tom A

The CEO should be a BOARD MEMBER

There should be an UP TO DATE DATA ROOM  as only having one STRATEGY is WRONG &SHORTSIGHTED 

Hopefully others will  be able to add comment!

NCU NEEDS  TO CHANGE 

IN ORDER TO IMPROVE THE SHARE VALUE 

ROCK