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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 > Message to Nevada Copper directors
View:
Post by italianoMumBO on Nov 10, 2024 12:46pm

Message to Nevada Copper directors

Here is another one, click on the web link below and you will see in the SEDI filings that directors are receiving massive amounts of Deferred Share Units and Pala + Mercuria getting one more shot at converting debt to over 10 million NCU shares at the end of December 2023...

https://ceo.ca/ncu

DSUs are used as a form of compensation and incentive and only exercisable for cash once their employment is completed or are retired. The amount of DSU's received is tied to the share price... The lower the SP, the more DSUs received to total the compensation/reward for that period. The SP dropping had no effect on director's compensation... Directors simply received more DSUs...

As a director, why accept DSU's if they weren't exercisable for anything? Directors know way more about what's going on than the retail public shareholders and the fact that they accepted those DSUs means that there was something coming for them.

Man you guys lack integrity and should be ashamed of yourselves...

Shame on you.
Comment by slewfoot2 on Nov 10, 2024 12:58pm
This post has been removed in accordance with Community Policy
Comment by patchh on Nov 10, 2024 2:08pm
scotia bank about 3 months ago - change the law in Ca on mergers..  if the targets were not canadian on both sides.   the merer required Ca Regulatory Approval.  on a couple of the epiks Glencore is namesaked - then vanished.. Vlad for lak of transparency piled a shoe full of cash N2 NCI.  on the surface it looks like he attempted to develop the mine..  C-19 hit ...more  
Comment by slewfoot2 on Nov 10, 2024 8:14pm
knot accurate at all  mostly fabricated