Nevada Copper Corp NEVDQ

Pumpkin Hollow Suspension (both projects) - why?

[italianoMumBO]

@ Cyn, why would both projects at Pumpkin Hollow still be suspended? The mining data has Kinterra updated as the new owner, yet the projects still suspended... Curious to know why that might be incase you can share some possibilities as to why... Thanks in advance

https://miningdataonline.com/property/669/Pumpkin-Hollow--UG-Mine.aspx

 

https://miningdataonline.com/property/3041/Pumpkin-Hollow--OP-Project.aspx

[cnynman]

Italiano,  I think the 'suspension' is referencing the halt of production and all mining activities which occured during the BR proceedings. It is my understanding that the work force has been terminated (with some skeleton care and maintenance personnel likely still on site). But there is no active mining, milling or production. Those workers, and those activities just don't

[patchh]

5. Trisura and NCI hereby agree to vacate Trisura’s Motion scheduled to be heard on December 5, 2024 at 10:00 a.m., as the subject matter of the Motion has become moot. Lead Case No.: 24-50566-hlb Chapter 11 Jointly Administered with: Case No.: 24-50567-hlb Case No.: 24-50568-hlb Case No.: 24-50569-hlb Case No.: 24-50570-hlb Case No.: 24-50571-hlb STIPULATION TO VACATE HEARING ON

[retired48]

I just hope no one who feels ripped off by NCU does something  like that shooter did in New York to that CEO of the Medical Company.  So senseless and sad 

[Dragonflyinvest]

If the creditors were paid, nobody should feel unduly disadvantaged by Nevada Copper’s regrettable demise.  Shareholders all knew it was a high risk, speculative “investment” at best, and certainly saw many times when the project stubbled beset with unexpected difficulties that gave all the chance to bail out. What is fascinating is the “huh?” factor.  It just doesn’t add up, and why

[TallTale101]

Likewise, nobody should begrudge anybody some shadenfraude, if the new purchasers find their purchase tied up in court for years, as an ongoing money-pit, with an injunction to keep the mine free and clear of water, no matter the cost, then that is okay too. Or likewise if their open pit dreams get blocked as well. Or they get a chance to cry in public.