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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 Iceberg101on Sep 19, 2024 4:10pm
66 Views
Post# 36231802

Deadline over

Deadline overLooks like today was the last day to submit a competing bid. Looks like a non-event. So not much hope for bagholders except to hope mine does not get turned over. Best guess is Pala is a family company and got in over their heads. The water was a killer. Also just being underground does not sound so great. Finally, looks like there was a lot of burden on top of the futuristic open pit. If anybody was interested looks like they had ample opportunity to make their bid. Also looks like both Pala and Mercuria take a bath. Don't imagine some Deus ex Machina, but you never know. Just hope it never closes.
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