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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 > Bankruptcy
View:
Post by Intregueme on Jul 19, 2024 11:16am

Bankruptcy

Will shareholders get anything back after court?
is there anything us shareholders can do?
or do we simply lose everything?
Comment by mckayk3 on Jul 19, 2024 11:44am
Nothing you can do. i wouldnt expect zero.  There is positive equity in the project and definitely some interest.
Comment by patchh on Jul 19, 2024 7:56pm
NEVDQ is open for trding on microcaps...  U may need a global broker such as IBRK to purchase. they are market to market @ 0.o1. CBOT Caceled NEVDF last week..  my service stillhas EVDF -it listed as halted but trading as NEVDQ. 50 buks will buy U some shuck and real read mneat chuck -'
Comment by nofluff on Jul 19, 2024 12:09pm
If u have nothing of nested, u can not lose.   The goal of the boo birds is to shake shares out quick if trade resumes after today. Bids can only go up over the next 80 days.  Nf
Comment by Dragonflyinvest on Jul 19, 2024 12:59pm
If I could foretell the future, I would be busy buying future gains.  LOL I do know one thing.  What happens, is what is to be, and all the wishing and a-hoping won’t change things a single bit. Instead of worrying about losses realized, one should be focused on future gain opportunities.  Although much could be said about avoiding losses that I haven’t time for, Ol’ Ben was ...more  
Comment by KentWilkens on Jul 19, 2024 6:51pm
It is chapter 11, not chapter 7, so no guarantee of total loss. Assets outvalue debts, more a cash flow crunch on mine statup while they work out the bugs, but PALA no longer willing or able to keep feeding the demon. The structure and timing of the C11 are done for an auction, so in an auction, anything can happen. No bidders, expect nothing. Stingy bidders, expect nothing. Competitive ...more  
Comment by patchh on Jul 19, 2024 7:40pm
subscribe on epic to get doket release... https://dm.epiq11.com/case/nevadacopper/info Meeting of creditors The debtor's representative must attend the meeting to be questioned under oath. Creditors may attend, but are not required to do so. July 15, 2024 at 02:00 PM       10 JUN 12:19 AM PT 2024  ...more  
Comment by nofluff on Jul 20, 2024 9:38am
Hopefully the stalking horse bid is revealed tomorrow and trading starts again.  Rio has been clear that they r looking for U.S. copper assets. I still give them the nod. They no doubt have sights on the entire yerrington camp.  Together, it makes for world class deposit. Hudbay, with world class porphory in the camp, but no permit will likely bid. Barrick and Goldcorp have vaults of ...more  
Comment by patchh on Jul 20, 2024 5:36pm
this is a sale...  7-20-2024 court brief `1'34 pages https://dm.epiq11.com/case/nev/dockets/421?debtorId=14255 No. 145] (the “Bidding Procedures Motion”) PLEASE TAKE FURTHER NOTICE that, on June 20, 2024, the Debtors filed the Debtors’ Motion for Entry of an Order (I) (A) Approving the Auction and Bidding Procedures, (B) Approving Stalking Horse Bid Protections, (C) Scheduling Certain ...more  
Comment by patchh on Jul 19, 2024 7:58pm
become a shareholder...  NEVDQ.  its pink OTC and trading aa few days ago..
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