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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 > Lion iron
View:
Post by nofluff on Aug 31, 2024 2:07pm

Lion iron

Is mentioned as a debtor. I doubt that has anything to do with Leo. I am guessing ncu purchased that Leo subsidiary a long time ago.

I know the iron content on the property is huge. 

Bhp and Rio both have the tech to extract. It is interesting that sh will b allowed to particiipate
In final auction.
Nf
Comment by Dragonflyinvest on Aug 31, 2024 2:24pm
"I know the iron content on the property is huge." Perhaps but it is the form of Magnetite that NCI sent to lab years ago and failed to report an economic feasibility of removing the sulfur.  It is the Iron that colored the Pumpkin Hollow's outcrop orange.
Comment by patchh on Aug 31, 2024 2:40pm
i don't think theyy can get a bond...  title searches will B N excess of 30 days.  Lion went active about 20 months ago..  i voted for the new directors in a proxy where they were issued stocks.  i saw today that its a nevada corp..  i thought it was a Ca Registry...  t there is a charge somewhere/epik where stewart title sent a bill for ~~ 5000$. trishura ...more  
Comment by patchh on Aug 31, 2024 3:05pm
Page 16..  i believe from memory the 1537 acres is the QTA Trak,,,  which is LEO. Lion looks like they owe a few nickels to RGGS..  i don not dive into this for a PhD... https://nevadacopper.com/site/assets/files/4288/2022_ncu_aif_03_20_23.pdf GENERAL DEVELOPMENT OF THE BUSINESS Three-Year History Nevada Copper owns 100% of the Project. The Project is a large advanced-stage ...more  
Comment by nofluff on Aug 31, 2024 3:43pm
So back in the day, the anaconda porphery top of the pit was rich in iron ore. The bottom was copper There processing systems were very schetchy. They polited the daylites of the surrounding ground. Anaconda was sued for about 20 million during copper phase for pollution, so the declared bankruptcy and walked away. No one went to jail. Quattera took over and has spent millions on clean up. Many ...more  
Comment by patchh on Aug 31, 2024 4:18pm
here we go..  QTA did not or does it now own that site..  it sowned by ARCO or Peabody Coal and the state come in and spent 30M$ of Nevada Money along w ARCO.  the Site was declared a superfund site and cleaned up underr CERCLA Guidelines.. the main mill process was Kerosine..  that immediate area was contaminated w PCB's.  this is an indication the mill was adding ...more  
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