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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

Post by slewfoot2on Jun 13, 2024 3:17pm
141 Views
Post# 36087762

ummm

ummmkent, k ot shure who this fluff is butt, hear is the thing , elliott didnt trigger chapter 11, a secured debtor did.... ie wear calling loan , then ncu declared chapter 11 to give it time to deal with balance sheet .... this doesnot mean they will exit bp debt free... far from it.... the secured debt still has a priority and has to agree to the exit terms.... otherwise things get liquidated and the dip get settled, then kwf, and down on..... if kfc doesnt agree to term , it gets liquidated.... so they will determine how much they get if liquidated vs. how much they get if they settle and agree to a haircut....  then pala  same thing.... then commons.... commons get zero  or some pink paper at 1 cent ondollar....I do t see any scenario where commons get anything, or any senario where the commins ever trade again.... stock is effectively delisted.... suprised how the bagholders still cannot accept this... false hope.... the nice thing is that there false narrative cannot convince others to jump off the cliff also.... its halted for good
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