Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > the raise increased to $114 million = however the current
View:
Post by rockhound3 on Nov 11, 2021 2:10pm

the raise increased to $114 million = however the current

liabilities at Sept 30 are$ 264 million !!!  So raising $114,million brings the current liabilities down to something over $150million- with essentially no current assets!


Possibly a 2nd Russian Colonoscopy is needed to make things work??

This certainly appears to be the actions of Desparate People!

Thoughts?

Rock
Comment by westcoast1000 on Nov 11, 2021 2:15pm
Rock, Much of that 264 mil debt you refer to is the KfW loan which is deferred for for three years with no interest payments, IIRC. So what is the point you are making? They are not solvent? 
Nevada Copper Corp