GREY:NEVDQ - Post by User
Comment by
bogfiton May 14, 2023 12:36pm
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Post# 35447398
RE:RE:RE:RE:Question for Nevada Copper Investors
RE:RE:RE:RE:Question for Nevada Copper Investors Thank you for your opinion and suggestions how we should understand the meager information at your command. Personally, I’m tired of the vague references to PH developments you cite totally lacking in any specific detail or justification. We happy you happy, but you satisfied is not something I would bet my money on. Wishful thinking only hurts, it never helps. It is my opinion that irresponsible pumping of this stock created considerable disappointment that caused NCU price to crater, leading to unfortunate dilution and debt.
No one on this board, in recent memory at least, has offered a serious look at the debt load on this property vs. the cash flow required to service that debt, resulting in informative (?) posts such as – “it's hard to understand the huge value NCI has especially with the tidbits of info we receive…” or “Seems like Pala is slowly going private in a way that will minimize their buyout premium (if that is their intention.)”
Wow! I don’t know about y’all, but I don’t invest in any company if I don’t understand the company’s business plan. “Seems”? LOL Now this is an excellent example of failed due diligence IMO and no one needs to be surprised when it leads to a loss, but that doesn’t excuse anyone from irresponsible pumping for their own benefit.
b.