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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 > A chance to get in lower than pp
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Post by Robertis1 on Nov 15, 2021 11:45am

A chance to get in lower than pp

.74 current price vs .77 pp price 
how long will this last?
Comment by Sacks45 on Nov 15, 2021 12:04pm
Agreed bought some at .74. The company has the money to account for the dilution. When the market stops pouting this should move up.
Comment by nofluff on Nov 15, 2021 12:27pm
Yup. This takes the short term finance off our backs and give a very accepted debt to mc ratio. It leaves plenty of cash to ramp up ug. Also plenty of cash to drill out op and satelites. It was like adding 4 ug equiv. mines. The op mill will b soon and big. They will haul the satelite ore to it as well. Looks good. nf
Comment by patchh on Nov 15, 2021 12:38pm
NF ?? lets bet 40 cents ~!
Comment by patchh on Nov 15, 2021 12:37pm
the stok is being churned up in Ca on ITG-Vuze (Market Maker).. the only buyers are the big Canadian Banks  ---> Implied Auctions ! open market sales -- by/sells hav flatlined bak in sept (16th).. insiders had the scoop of the Auuual Finny Report for Sept 30-2021 - bak in the first week of sept/pre release..  stockholders recieved the report last week... Vlad may hav retired debt ...more  
Comment by Fishbillion on Nov 15, 2021 1:04pm
This post has been removed in accordance with Community Policy
Comment by emma1500 on Nov 15, 2021 1:07pm
I will approve once you start using proper names. But you probably do it on purpose, no? You think you are funny or smart. Care to tell us what you do and send us your CV. Just for my entertainment
Comment by Fishbillion on Nov 24, 2021 2:42pm
This post has been removed in accordance with Community Policy
Comment by patchh on Nov 15, 2021 12:19pm
the mine declares 850M$ in impared assets... i.e. in theory the mine whould B around 8.5$ a share w 100M NCI Stoks in free float... Payla is applying for loans less than 10% of the replacement cost of NCI and/or unsecured debt..  they are charging this bak to our stock - the market treats it as unsecured... Payla on a sideline holds a secured mine bond on the 850M$ / impared asset ...more  
Comment by westcoast1000 on Nov 15, 2021 12:22pm
patchh, I continue to be confused by your comments. You keep referring to what you call the AFS. I can find the IFS (interim financial statements) from November 10, 2021 on Sedar.  Is that the document you are referring to?
Comment by patchh on Nov 15, 2021 12:53pm
same beast !  that IFS is whats headed to the Tax Man.. the entire mine is being classed as an Impared Asset - going bak to 2019.. they are clear as in nuclear - the mine will not hav cash to deal until 2024.. otw - pls don't confuze me with whats in that summary from Sept 30-2020... the early nesters up in Ca had that report/contents as early as sept-16-2020...  go bak and look ...more  
Comment by RoyKerr on Nov 15, 2021 9:40pm
 if you cannot trust managment, well, discount sh1t is still sh1t https://financialpost.com/commodities/mining/cobalt-27-faces-investor-outcry-amid-accusations-its-selling-crown-jewel-assets-at-a-loss I'm debating whether to buy back in, but man, those Pala guys and their hand picked boards are sociopathic. 
Comment by Robertis1 on Nov 15, 2021 10:04pm
From that cobalt article: Before the sale was announced on June 17, Cobalt 27’s shares traded at $3.47, and had a 20-day volume weighted average of $3.95. The deal offers $3.57 in cash, plus the Nickel 28 shares, which the company valued at $2.18 for a total of $5.75 per share Looks like a large premium to me. Am I missing something?
Comment by RoyKerr on Nov 15, 2021 10:24pm
they sold the company's crown jewel when cobalt prices were their lowest to ...wait for it... Pala; and gave the ceo etc. millions and millions for negotiating such an amazing deal (trash Nickel assets and a couple of dollars to the shareholders). NCU @.74 should be instabuy, but you are dealing with crooks.
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