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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

Comment by patchhon Oct 08, 2024 2:51pm
93 Views
Post# 36258235

RE:RE:RE:RE:Web site

RE:RE:RE:RE:Web site
TSH has eseen this also..  there is some skimpy info in the epiks,,  its legacy and barely disclosed due to the summs applied to the principal...

The auction was cancled..  the bidding is still open reading the epiks,,

what brought this up..

on the epiks on two filings..  there were 7 bidders blacked out and the next one only had 5 blacked out,  or two that were removed..

bak to the bonds..

on feb 2-2-2024  Munic Rhea was added as a surety gurantor of the reclaim bonds / not shure if the power company is under this..

Trishura hold 2 bonds.  Skip the dollar amounts in fees..  the state requires each of the bonds 2B set @ 250M$ each..

trishura denies assumption of the bonds by kintera..  they outlined in an epik..  the mine went thru two aquifers.  Hoist and vent were cited by nev mine division to plug the leaks – three years to fix..

→  I am guessing this is where the bottom dollars flew out..  that munic rhea on the epik filings is listed as fully paid in w cash to the tune of 50M$..  pala had to pay in cash for thgis re-insurance over possibly the plugs on the leaking twom aquifers..  I suspect the new vents are the culprit..

ahw – bak to munic rhea 4 trishura..  vlad funded the rhea in 2-2-2024.  this is on the filings/epik..  his ex partner from Metchel was sanctioned around 2-14-2024 (thus’ includes everybidy then and now/buizz)..  that 50M$ wiped the mine during a potential sale in 2023 – weeee don’t know ?

Adding up some of the pressing cures..

-→>>  fast forward..  the blacked out bidders  ??  the sale was to occur yesterday thru the 10th..

the entire shootiin match including them pesky trishura bonds had been pushed forward..  the question now is the contract re-adjustments and who pays peter or paul..  round numbers hav it around 4M$ that kintera is balking about.  Read the last epiks..

this is confusing.  Kintera is not bondable..  they need probably 10+Years active mine experience/mining..  not a secreteray in canada proclaimng they are experts in facilitating a 2.2B$ mine SALE in N nevada..

the who thing is a canard.  Kintera is not A&M Best A+ rated.

Soooo..  is kintera fiting w the debtors over leases and equipment cures.  Are they attempting to break the sale,,  I csan’t tell..  we hav nobody here who will lift a finger.

Its possible the five remaining blacked out bidders (this is sealed information) are shooting the bak nine w the judge on this 18 Hoe Gold Course..  he signed off last week or on the weak – tht – they could not force a C-11 and only the debtors could exercise this feature.  Something seen in dead-beaters DIC’s ..  I guess ??
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