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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

Comment by mckayk3on Apr 05, 2023 8:01pm
116 Views
Post# 35382198

RE:RE:unsolicited offers for ncu

RE:RE:unsolicited offers for ncu
I'm with you on this Jay.  I think Pala wants out.  They forked out a lot of money, but not because they wanted to; they had to.

Pala has seen the issues NCU has had and I am sure they have had enough...so.I don't see them wanting to privatize since then they end up owning all the risk potentially forking even more money (let alone money to take over the company),

They want out and they want to sell.  The problem is to get the best buck for NCU is to get it up and running just enough to get interest. 

Notice the lack of a 5 year plan?  They are just showing off assets and they need to attract the majors with a steady cash flow.
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