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Bullboard - Stock Discussion Forum 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... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > QUESTIONS FOR NCU MOVING FORWARD :
View:
Post by SNgu8000 on Feb 25, 2021 12:00pm

QUESTIONS FOR NCU MOVING FORWARD :

According to last update , managerment wasn't sure about " cash conditions " ???

SO Should managerment diluting shareholders again to raise more money to fix ......
      
       Or pre-sell ( hedging ) 50% future copper , give up some potential profit if copper continue moving up but lock-in price now ???

       Or sell 50% open pit mine to market ? To.....

What are you prefer Notgnu ? What do you think " Pala's thoughts " ? Of course I think Pala want cheaper shares again to average down as much as they can , nature of SHARK .
Comment by Notgnu on Feb 25, 2021 1:51pm
Dilution... maybe, but unlikely without really pissing off Mike (3.5 million rights) and Blackrock and company when in fact some good forward sales of one kind or another are also possible. Equally possible that the last release was a move to underpromise now and switch to over delivering.  As long as copper is where it is I don't care. I will wait a year if necessary. In the meantime ...more  
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