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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

Post by rockhound3on Jun 14, 2022 2:01pm
206 Views
Post# 34755685

Keys in the Sector; The PROPERTY, The FINANCING, The PEOPLE

Keys in the Sector; The PROPERTY, The FINANCING, The PEOPLE Nevada Copper is  certain to be a case study in the universities that teach mining & management.

While there is copper at Pumpkin Hollow  we have now learned the hard way that there are challenges in getting the copper + PM's out of the Ground. 
It should also be noted that there is likley SIGNIFICANT additional metal which hasnt been " MEASURED"

Nevada Copper  or rather its controlling shareholder  PALA  gets a failing grade when it comes to the PEOPLE  ! = a true F, 
What is so obvious is that the Board has not been HONEST in their communication of what has been encountered (  it is possible to argue that this wasnt deliberate rather they suffered from ESL) being   extra slow learners!)

This then ties in with the financing where it is very obvious that PALA  has followed a strategy to "scew" over the retail shareholders in order to effectively steal ownership/value  for themselves.

The irony  is that the incompetence of the ZUG BRIGADE   has in the end also ended up scewing 
over themselves as not only did they not provide honest communication but also they placed the blame on everyone but themselves= somehow believing that the LORICH'S   were smart simply  because they had money = money effectively stolen from other Russians ( with appropriate kick back to buddy PUTIN!)

There is a very high probability that PALA  will shut down their operation as who would want to do business with them?

However there is hope that VLAD  & his band of struggling youngsters   will realize that they dont know what they are doing and also appreciate that there is some value that isnt being recognized in the share price?  and put NCU  up for sale.

While in most developing mining stories = the PROPERTY  is the key, in this case the missing piece is the PEOPLE ,  who are to blame, such that no amount of FINANCING  could help them!

The upcoming AGM  should be interesting  with questions  such as ;

?

&?

ROCK


















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