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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Comment by bogfiton Oct 02, 2023 10:17pm

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Post# 35666133

RE:RE:RE:RE:RE:RE:RE:RE:RE:Purpose

Okay, I read that, but the page on their site you referred said,

"Equity Investments (US$40 million): Pala Investments Limited (“Pala”) is expected to fund its equity investment by the cancellation of US$20 million in short-term debt as opposed to US$13.5 million in short-term debt and US$6.5 million in cash."

Now this is where I get confused. For a simple old desert rat like myself to understand financial operations, I look for a number that has meaning and follow that thread. Here the multiple financings are so convoluted with multiple moving parts that one would need an accountant’s degree to follow. The question then becomes with an array of promising mining juniors all bleeding cash, does Nevada Copper’s record suggest they are the best bet to eventually make the mine pay?

b.

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