Nevada Copper Corp NEVDQ

Metals & Mining Copper

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.

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Nevada Copper Corp > Timeline to restart

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Comment by JayGriffon May 21, 2023 4:44pm

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Post# 35458590

RE:Timeline to restart

Hey Mckayk3,

Below is an exerpt from a PR back in 2011 when Pala made an offer to shareholders in Sierra Rutile. It is a similar pattern with Nevada Copper where the volume on TSX is quite low and depending on how many shares you buy to average down, it is anyones guess how long you may need to hold your position for if a takeover or buyout ensues that may help you create a gain on your position...

I can picture Pala doing something similar with retail shareholders as they did with Sierra Rutile when it comes to the Open pit project. All in my opinion based on some of Pala's previous investments.

All the best with your investments

Pala believes that the Improved Offer, and the private treaty option, represent a significant premium for Sierra Rutile shareholders and present a liquidity opportunity in an otherwise highly illiquid stock. Additionally, in its September 19, 2011 announcement, Sierra Rutile’s ongoing strategic review identified up to US$189 million of capital requirements needed to expand its operations. Pala believes that the liquidity and premium offered by the Improved Offer, and the private treaty option, provide an exit opportunity for any Sierra Rutile shareholders not wanting to be exposed to any future financing activities that may be taken by Sierra Rutile to fund such capital requirements.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?