Nevada Copper Corp NEVDQ

RE:RE:RE:RE:RE:RE:RE:Pala's "playbook" with Nevada Copper

[westcoast1000]

Jay,

II did not mean to imply it is obvious and certain that the land bill would preclude taking the company private, but I think it would be an obstacle. It would be bad optics.

Also, there are pretty explicit laws about take private transactions under British Columbia securities laws, which require a majority (possibly 2/3, I cannot exactly recall this explicitly) of shareholders of every class of shares to vaote to accept a buy-out offer. But it seems pretty clear that pala and the other two companies own about that much. 

I always wondered about the Solway purchase also. 

It is only a bit more than two months until those warrants expire. If the price gets to $1 by then, that would be quite good from my viewpoint. 

Again, a change of control may well be on the horizon, but I think that would occur after the underground mine is starting to produce revenues. If they tried to go private before then, I would guess they would face lawsuits about share price suppression. 

Finally a heck of a lot of insiders and board members hold shares, some of whom bought them outright. I would think that would lead them to not be enthusiastic about a low price buy-out.