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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 > We dont know the Truth; Why the CFO left?
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Post by rockhound3 on May 30, 2022 12:45pm

We dont know the Truth; Why the CFO left?

- Sorry I dont think we know what is going on?

- the decisions are made in ZUG

- the Board of Directors is controlled by PALA employees ? former employee and a local buddy ( who owns no shares)

-the CEO isnt on the Board  so he doesnt have full knowledge as to what is going on

- NCU is a Canadian Company with "effective control" by PALA  a company owned by a Russian olicrap who apparently supports his buddy Putin and the Russian invasion of Ukraine.

- with Mercuria and Solway having 10.9% each - NCU is controlled by PALA, Mercuria and Solway almost certainly with a side agreement !


- the departure of the CFO is very concerning- the next question = will PWC bail??

- And wow just think of it - the stock might get up to $2 or 20 cents pre consolidation. If this happens the 93% loss in value will be reduced to only a 70% loss in value.

What are we missing? = pretty simple= THE TRUTH!

Rock
Comment by RoyKerr on May 30, 2022 1:04pm
wothout a turn around (cash flow positive), pala will have lost money on this project, to say nothing of the opportunity cost. A sale, while ace for anyone who bought in under a buck, will leave The German Russian in Zug with a loss. Further, there is no more easy retail money here, and a PP will give away 50% or more of the company for pennies. Is Pala going to be OK with 18% ownership and a .2 ...more  
Comment by patchh on May 30, 2022 8:02pm
cfo hired..  that CFO is INterm..  that should B good for a enw set of attennas.. Payla - done some bad things...  we want vlad and company to make a few rubels on the way out.. word around town here - locally "Nobody Ever Thougt About a DYKE; nobody knew it was dfown there...  thats from a geologist neighbor - next door.. Scotia is the real criminal enterprise here ...more  
Comment by westcoast1000 on May 31, 2022 9:03am
Good post, Ray.
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