Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nevada Copper Corp NEVDQ

Industrials Conglomerates
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

Nevada Copper Corp > Change of Control to a Sale
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(11)
•••
Comment by RoyKerron Jun 18, 2024 6:24am
121 Views
Post# 36093478

RE:RE:Change of Control to a Sale

RE:RE:Change of Control to a Sale

It is structured for either. The goal is realize maximimum potential of theoretical value.

In retrospect, It looks like Pala rebooted the mine when wood plc was hired. Post implimentation and capex of 100M+, the mine was deemed still uneconomic, or at least uneconomic without risking a few hundred million more in cap by M and P. Maybe this new tech that could bring major supply online via low grade/hard to extract 'waste' material WW played a role. I know I have exited all my copper positions until I know the potential disruption. 

ofc, it is possible there is demand for the property and Pala and Mercuria are themselves in trouble and literally cannot afford more $ and have to distress sell, but then one has to ask why it wasn't done before ch11. 

We will find out soon. It is longshot possible SH will realize something from the sale, abs max of $150M-$175 tho. I think zero is most likely, but you never know 100%.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities