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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 > more than 3/4 of a billion new shares + warrants
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Post by RoyKerr on Sep 26, 2022 9:18pm

more than 3/4 of a billion new shares + warrants

750 000 000 million new shares and warrants, if 5 day average is 26.6 cents, more if lower.

not sure if i can spin this into a positive.
Comment by RoyKerr on Sep 26, 2022 9:22pm
edit, my math was off, it is 950M+
Comment by Stb888 on Sep 26, 2022 10:49pm
It is better than bankruptcy in the context of the company having serious liquidity trouble and no big mining company fighting to acquire NCU....  So I say it does remain in our best interest for NCU to move full steam ahead wiith this package.  Let's just hope that Randy can deliver, which previous CEOs have failed to do.... That being said I'm confident, certainly more ...more  
Comment by RoyKerr on Sep 27, 2022 6:20am
fair dues, If this is enough $ to get to production, even with 1.5B-1.6B shares, we could see ncu @ .7--1.00 CAD. Esp if we see some global growth next year, and $4-$6 copper, Still, quite a risky investment RN,  as I do not believe the financing package will be enough to get to that point. I am staying on the sidelines until further updates, but may re-enter prior to 2H 23 if they can avoid ...more  
Comment by metalhead666 on Sep 27, 2022 8:35am
Only another delay of the inevitable.  Copper will be in the $2s soon as the global economy craters. Bankruptcy and liquidation is the only outcome.  Sad that so many of you are so stubborn clinging to what was obviously a doomed venture.  
Comment by nofluff on Sep 27, 2022 11:50am
Assuming all available loans aproved for conversion get converted, kfw and tf are put back to equity loan balance. If things go as planned and both dykes get completed and to multple long stope deposits and copper goes up sp should jump and warrants get exorcized for cash to complete mining for ore inventory. This conversion should bring pala and friends to about .65 cad sp. They will have ...more  
Comment by slewfoot2 on Sep 27, 2022 12:45pm
remember roykerr, gambling is hardest on your family... just saying...4sure nf
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