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Metals & Mining Copper

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

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Nevada Copper Corp > Bid -- auction

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Post by retired48 on Aug 29, 2024 6:37pm

Bid -- auction

This may have been answered already but ...
Sept 6th bids open , Sept 10th maybe auction.
So when do us nervous shareholders find out if all is lost or we get our minds blown with huge amounts of money ? Or is it all hush ,hush until all lawsuits are filed ?

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Comment by KentWilkens on Aug 29, 2024 8:44pm

The way it is setup is an auction There is only one way there is not an auction, is if there are zero bids that are not higher than the stinky horse. The stinky is a bidder, the reserve bid if you like. If any bid exceeds the stinky by stinky costs plus a million, then it goes to auction. Only those who outbid stinky can participate in the auction. Interesting setup. So while bids are ...more

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Comment by slewfoot2 on Aug 29, 2024 10:04pm

wrong again Kent.... the SH will get a chance to negotiate price after the sealed bids are opened, but before auction.... basically they get first crack.... reason being is everybuddy already know there bid... once again 2 the woodshed you go

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Nevada Copper Corp