Nevada Copper Corp NEVDQ

Where is the Sabot to go in the Machine?

[TallTale101]

Hard to imagine the new buyer cannot afford to pay off the 5% or so non-insiders. If that is what it takes to start the mine back up (again), or not have to wait another year (again). But so far, not a peep. Imagine Mercuria and Castle Lake cannot be happy. But was it all legal? And can it be stopped? Also, do shareholders ever get paid off after the fact? Or once the gavel hits it is over.

[cnynman]

It is indeed 'over' and the gavel has fallen. No matter what the quasi-legal experts on here such as Patch claim to be shady or downright illegal maneuvers, the courts have approved and accepted the outcome. As for why the new owner 'can't' pay off the non-insiders, or anyone else still holding paper, it is because they are not legally required to do so, so it won't happen

[patchh]

the onlly wild card is eprioc..  they placed around 60M$ to perate the mine for a new owner; in hindsight they also paid the legal fees of the largest law fims in the country.