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 > Competitive bidding is the right and smart way

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Post by rickwayne1982on Sep 05, 2024 9:49am

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Post# 36209648

Competitive bidding is the right and smart way

This quote below is from the article regarding Coldeco's recent bid for a 10% stake in a Chili copper mine operated by Teck Resources. Looks like the people behind Nevada Copper are going through this in-court (supervised) sale transaction the smart and right way, to ensure fair and competitive bidding for all. Companies with great copper assets would be shooting themselves in the foot by selling in a "friendly" deal. How do you know if you get the best price if you only make the assets available to a select few?

"Sonami has said any sale should be done through an open and competitive process."

https://www.mining.com/web/codelco-bids-500-million-for-stake-in-key-chilean-copper-mine/

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