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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 > Pala @ company
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Post by retired48 on Sep 15, 2024 3:48pm

Pala @ company

Pala supposedly is/was a  very rich man with mines all over the world . So why if he's so smart would he turn all of the debt in NCU into stocks and warrants before the company went into bankruptcy? Isn't he then in the same boat as all of use shareholders and lost all ?  Something definitely doesn't add up here.  I could be wrong again about this but common sense says a man who has made millions in mining over the years won't be that stupid .  Even if he planned on taking control, going  private to end up losing  it all. Comments anybody  ? Anything from the NCU's spokesman  ?  Somebody make me understand  Just saying  .  Thanks
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