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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 > NCU LIKELY TO SELL OPEN PIT ASSETS
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Post by oilwatcher13 on Jun 08, 2022 10:05am

NCU LIKELY TO SELL OPEN PIT ASSETS

Only way out of the liquidity crunch is to sell off the open pit asset, then the underground will simply die... this thing has been in a death spiral for over a year...

Uninvestable in my opinion...

JMHO
Comment by bogfit on Jun 08, 2022 10:18am
"Only way out of the liquidity crunch is to sell off the open pit asset," It's called chapter 7. b.
Comment by nofluff on Jun 08, 2022 10:29am
nice to have your opinion ow. The second dyke pass has taken longer than expected, but is only a couple weeks away. Should be large ramp up upon completion. Some run yesterday. I will likely buy more in a bit. Cap ex is getting a bit higher. No biggy though. nf
Comment by patchh on Jun 08, 2022 10:53am
bubba ! they don't have the fans..  they ahv been installing 2000 feet Plus of a new steel cage liner inside of that bolted dyke..  they cannot get into the area to complete the ventillation let alone get ore out..  both of the egresses are damaged.. that was a safe harbor statement - they amitted probles, they hav been admitting mundo mudo for 4 quarters and simply fdo not ...more  
Comment by metalhead666 on Jun 08, 2022 12:02pm
Every junk stock you own is at new lows...STFU!  You're an imbecile...a lunatic...a liar...buffoon.  Keep your stupidity to yourself so as not to infect other stupid people clinging to this bankrupt hole in the ground
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