GREY:NEVDQ - Post by User
Comment by
patchhon Jun 17, 2022 1:36pm
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Post# 34765150
RE:RE:RBC is Snaking over @ the TMX
RE:RE:RBC is Snaking over @ the TMX
RK ! i think NCI hit an underground lake.. this is not all that uncommon - especialli in oil N gas.
again ! there is a lot of talent here in nevada - there is a small nest of new mid managers @ NCI from Barrik.. they will eventually get it repaired.. they may require additional drain wells. ROundMountain - Kinross/ABX (newmont?) has 5 of these... they are mining in the side of a mounatin - straignt in..
Cortez - ABX has huge drain pipes running out into the dry lake/discharging...
Payla Investments will hav to dig a little deeper than 20M$.. they hav to complete whatever they are drilling for up there; probably around sept. if they can fix the corners of the entry ore bodies - get them reasonbly certified to MSHA and OSHA.. then a new buyer will bid on the forward maint of the UG and plan for new mills - up on that anaconda site..
NCI cannot build new mills and run an OP when a mill is rite next door.. the mines here in nevada currently use mills around the state for select ore grades..
i think the old anaconda had 6 very large mills in a mill house.. i suspect RIO or whoeer buys that anaconda site will construct 12 and will install a conveyor system w rail.. this is going to B a very large enterprise... Nevada GOld will come in some of the requisites.. they are now a Cartel and exempt from anti-trust thru the Nev Dept of Mines and Permitting.
ys copper is tweaking down.. but its over the 300 mda.. proably not much more on the carry trades pr contracts to the LME... if the copper price goes too low.. the ines will go freight on deck and stopforward hedging w LME..
i hav the mine around 2.25. al lot of the storks Vlad Lad has is from awards v/s carry interest/// he has some cash but is not in @ 2.20. i hav him hoing back to 2016 summatins around .60 and he ate 750M warrants w a tax credit...
Vlad will go w a 300M$ harley..
s too how damaged the mine is... that 2021 IFS and Impared Asset was a legal IRS Term.. they used managments best estimate and tallied to 850M$.. completed a certified aoudit not presented to investors - hiked to germany - got sideswiped by goldman ---> KiWi wrote em crooked paper w SSbank