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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 italianoMumBOon Nov 22, 2024 9:08am
61 Views
Post# 36325643

Question for you guys in Switzerland and Toronto

Question for you guys in Switzerland and TorontoI am curious about your thoughts on this matter:

Seeing that Nevada Copper is obviously aware of non-public information before it is released (based on the previously shared posts), what motive or purpose would there have been to publicize the resignation of 3 of your directors just prior to announcing Chapter 11 or the lack of funding?  Why not announce everything in the same press release as Buffington’s resignation and C-11 on June 10? Clearly Buffington already left if he wasn’t signing off on the June 6 and 7 press releases…

The June 6 and 7 press releases seemed more like an attack on the Market cap or the greatest “illusionary” buying opportunity of all time with 1 broker disposing most of the shares and all others buying them all up. Any retail shareholder with a stop limit below 3 cents would have been tapped out and had their shares bought out right away. The string of the two press releases could have waited for June 10, but looks like someone took advantage of this highly likely orchestrated news to drill the share price one last time, like no other time in Nevada Copper's trading history.

If you guys drilled the Pumpkin Hollow asset as much as the share price, you probably would have gotten a better price for the sale of your assets.

Bravissmo
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