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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

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Post by slewfoot2 on Aug 12, 2024 8:18pm

eye

have the answers.... pala owned 60 oercent of shares but provided 100 percent of the shortfall cash...decided 2 quit funding  .... ncu had no money so forced into bp to give time to liqidate assets.... pala resigned from bored so they could bid in assets.... decent deal for pala would b around 250 mill ... then kfc and dip paid and pala gets company.... very simple and legal... there was no obligation for pala 2 keep cash flowing company.... the reel patsys r the bagholders... but they seam knot 2 lern and r missing the point again.... yup that wud b three chears for ol slew
Comment by cnynman on Aug 12, 2024 8:34pm
Actually, Slew, I think you're pretty close to what has gone on and what is in store. Unless there are some surprises in the bidding process, it may go pretty much like you have stated here. The 'winning bid' may not reach $250M, but it could if there are multiple bidders. Pala will know better than anyone what the package is really worth, having been deeply involved for several ...more  
Comment by patchh on Aug 13, 2024 1:59am
surprise-surprise..  U don't hav to look far... here is the core bidder CORE PARTY BENNETT JONES LLP 3400 ONE FIRST CANADIAN PL, PO BOX 130 TORONTO, ON M5X 1A4 CANADA FAX: 416-863-1716 EMAIL: GRANTS@BENNETTJONES.COM KINTERRA CAPITAL CORP ATTN: CORPORATE SECRETARY BAY ADELAIDE- EAST TOWER 22 ADELAIDE STREET WEST, STE 3930 TORONTO, ON M5H 4E3 CANADA EMAIL ...more  
Comment by patchh on Aug 13, 2024 3:57am
complex chapter 11 business reorganizations. lets get it down to 225M$  lets gete it ripping up some pavment..  the make it up that pala can re-bid...'   make it up  - just make up the bagger grabber Wyh  _ u dont own any stok..  U never ever shorted - U ever bagged onan up tik... LEO is open....  run over there and bagg..  i need an up tik so i can ...more  
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