Nevada Copper Corp NEVDQ

Stalking horse bid makes sense now...

[rickwayne1982]

Courts know Nevada Copper was in a sale process before petition. So the approach taken to start with a ridiculously low stalking horse bid, doesn't give any indication to potential buyers where to submit their bid in a highly competitive bidding process with at least 29 interested parties since July 12. Nothing is suggestive with a stalking horse bid at 128 million, other than this is amount being BS.

It is left to the buyer to do their own due diligence and submit a reasonable offer that is within market value. 

Think about it, if a SH bid came in at 3 Billion USD, that would be suggestive and other bidders will bid within that range. 128 million is a joke ( this is the same amount as the October 2022  restart financing package.)

Like filo Corp getting 2.9 billion USD for land in the clouds. That "somewhat" of a comparable should give an idea where the Nevada copper transaction will land, no pun intended.

Ah you guys are smart! Took me a few days to figure that out.

[KentWilkens]

Rick. Not sure you have the stinkin horse figured out. My spin was the stalkin would cover the debts, not much more. This covers the 60m for the bankruptcy and some pocket change for the loans. Kw

[rickwayne1982]

I understand your point and why some people would think that... people need to look at this as a tactical approach taken by Moelis because Pala has the upper hand here. They have assets the big players want. If they chose a major player to set a high stalking horse bid, firstly, other majors would know their competition is bidding, secondly, they know what range that major is pricing the assets at

[patchh]

secrete bakers... naw - that is collusion and there are severe penallties after the sign the non disclosure. not quiet the same thing as a nazi in the donbass taking a bribe for 500,000$.  so he can move mine equipment into western ukrain (i.e. the nazi side).. the mine manager is behing enemy lines and was kidnapped..  secrete baker here is Vlads Ex (hohumm) Partner pays a ransom 2

[patchh]

ledger debts are N excess of 350M$..  its called a conversion to c-7 /forced.. if the auction is called/cnceled... the SH will come bak in and force a c-7.. thats how the Mr Expert Spittle in Ca got conned into this deal...  he is a battery manufactured,''he shilled for the law firm out in  california.  its one of the largest in the country. he was or they were

[patchh]

hee is a thought isw reflection...   with this martin  - judge judy was spamming 2 move the BR to San Fran and Alcatrex-ex Islands of dooms.. she applied a pay ratio going from 350,000K$ --2-- 3.5M$   or a 10 ten to 1.0 spread.. keep in mind attorneys are route trained/memory - they are not very techincal past the second decimal..  i.e  drink p ary golf 2nd hole

[patchh]

Fio her is a poot bellied question// lets say just for hoots//  NCI has leased all of the traks surrinding the UG mine or their Origina NDA BLM Swap effictively leasing the QTA Drilled Traks effsctively leasing the Anaconda Mill and Mine Traks/All  (aslo  the anaconda or ARCO property was remediated when it still had a mine permit - that permit is grandfathered v/s the current

[patchh]

the potential buyers are seald in a nondisclosure agreement...  antitrust exemptions are lifted soo the mines may collude between themselvs..  there is transcriptinoist and the recors are sealed at the court in reno..  unsealed in Nov of 2025.  i thought it was 2024..  but its 2025 v/s antitrust..   here in nevada..  UNR holds round table discussiaons that