Nevada Copper Corp T.NCU

Alternate Symbol(s): T.NCU.W.C | NEVDF

Metals & Mining Copper

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 a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp > Bankruptcy, Sale or Reboot?

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Comment by nofluffon Aug 13, 2022 2:14pm

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Post# 34894143

RE:RE:RE:RE:Bankruptcy, Sale or Reboot?

Kfw is a euro develpment bank. They are in the business of loaning money with 1rst choice being green tech and commodity supply. Ncu sits with 150 million mc and about 300 million net debt. So they are way under normal lender requirement ratio.

This is not normal, in that the assets are huge, not reflecting a proper sp.
A restart will bring sp back to a buck quick.

nf

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This company starts production at what could be Canada’s next great gold mine