Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Nevada Copper Corp T.NCU

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

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.


TSX:NCU - Post by User

Post by Notgnuon Dec 15, 2021 5:05pm
629 Views
Post# 34234594

Pala / Iorich average prices

Pala / Iorich average pricesRocky... as close as I can calculate it this is the result. 

Two things to consider:

1) A relatively smaller portion of Iorich's totl NCU investment is represented by shares obtained in exchange for interest and finance fees. To me these fees are industry standard and likely lower than would have been paid to other's for bridge loans.

2) Iorich holds some sweetheart warrants from the last machinations and these will likely lower his average a small amount in the future. I have not worked that exactly but clearly paying $1.00 for shares down the road wiould be a lower price than his average today.


Date

Shares added 

Price 

New total share balance

$ Amount added

$ Investment to date

2020-07-28

263,452,677

.15

595,632,124

39,517,901

 

2021-01-29

  79,696,970

.165

675,329,094

13,150,000

 

2021-01-29

    7,024,615

.165

682,353,709

  1,159,061

 

2021-02-16

    3,560,024

.1621

685,913,733

      577,079

 

2021-06-01

    3,866,921

.2735

689,780,654

  1,057,603

 

2021-08-06

    6,764,607

.23

696,545,261

  1,555,860

$339,812,350

           

10:1 

   

69,654,526

 

$339,812,350

Average =

 

$4.47

     
           

2021-11-29

98,104,584

 

167,759,110

$75,540,528

$415,352,878

New Avg.

 

$2.48

     


I hope this helps you with your anger and or understanding and or drive to convince Iorich to sell.

Cheers,
Notgnu
<< Previous
Bullboard Posts
Next >>