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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 > There is a great deal of incorrect information
View:
Post by rockhound3 on Nov 17, 2021 7:53pm

There is a great deal of incorrect information

Being posted.:
My view;
-PH has significant value 
-PALA  is seriously unable to manage - it is a sad situation with 3 young men all trying to say they are in charge =none with any relevant experience. One is the son of the man who was able to run from Russia with $$$ ( however  does he know sheep s-it  from Dates?)
- we can quickly show how much $$$ is being spent in Zug and we ask for what? These young men have very very little knowledge/ experience and the strong suspicion is that Stephen is one of the biggest problems as the chairman of the Board of NCU
- Stephen will have great difficulty in getting the next position he thinks he deserves 
- in addition to inexperience is the fact that the startup is underfunded
- no doubt the books will come out detailing how the young men tried hard but didn't have a clue!

on The ability to take the company Private we note that the lawyers for PALA are Torys - a firm with serious competence!!!

-add in the very well connected independent directors  and top drawer accounting firm = I am very doubtful that this is going to be a midnight robbery!

- thus what  I don't understand is why Vlad isnt opening a data room, putting NCU up for sale, closing down his Zug $$$ burning operation, letting his educated son do what he wants and enjoying the few years he has left in this world!

What are we missing!?

Rock

ps a sale in the open market would be good for all ( even Stephen G)
Comment by Robertis1 on Nov 17, 2021 8:09pm
Based on this rockhound this pp at .77 is the golden handshake to all? the pp filled instantly and oversubscribed 
Comment by Robertis1 on Nov 17, 2021 8:11pm
What would be the 'open market' or behind the scenes takeout price the big boys would agree to? $1.25?  $1.50?
Comment by westcoast1000 on Nov 17, 2021 8:12pm
Pala's current share cost would be on the order of $2, based on estimates I have seen.
Comment by patchh on Nov 17, 2021 8:56pm
the starting point will B the 850M$.. simply bet luky charms they ram that audit -4- everything on the books.. NCI is going 4 a multi million dollar taxing credit..  quit bullpukin a casual review by the comany CPA... CPA's here in the US are responsibe for the FINES - not the tax - bu the fine at 3 time that tax... the Auditor will B mine certifed (IRS) and hav to post an Insurance ...more  
Comment by patchh on Nov 17, 2021 9:11pm
it will Bmore than that - they would sumarily B sued by shareholders after an audit v/s fair market valuations... i think it will come in aournd NG 4...  the permit is worth over a billion dollars.. there is very serious time premium built into that Nevada Mining Permit..  probably want to look up I-80 from equinox or agnico ? I - 80 is a small glory hole leach..  Nevada Gold ...more  
Comment by bogfit on Nov 18, 2021 9:18am
"What would be the 'open market' or behind the scenes takeout price the big boys would agree to?  $1.25?  $1.50?" You could make an estimate based upon what the industry is paying for reserves but that is dependent upon the price of copper at the time, of which we have no idea.   What is more interesting to me is why do you ask?  Actually, there is a ...more  
Comment by patchh on Nov 18, 2021 2:51pm
Actually, there is a great deal of angst among shareholding board members... ahhh  ! U gonna expand this a little ? --> there is a new addition for underground access of 68M$ the total additions are up a cool 200M$ since 2019 >>>  R U implying them local board members are kringin / somewhat.. >>>  whats the CIA Inside baseball here ??? possible that Reno ...more  
Comment by patchh on Nov 17, 2021 8:36pm
take the company Private  ? a poster 2dy - came in and reminded us.  thaat in Ca - they hav tot ake the private' to a minority shareholders vote  somehting like 75% approval of the deal..  i hav seen this issued replied here before... this is relief !  nice to know TSX is hesitant for poaching investors equity.. top drawer accounting firm... i hav been unamiously ...more  
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