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 BlakeRyan1978on Apr 18, 2024 2:01pm
137 Views
Post# 35996412

Reply to Paramount

Reply to ParamountPessimism is understandable given management's track record.
 
There are many outstanding warrants that insiders have that would become ITM (In The Money) if the SP rises to 14-15 cents CAD, and then Mercuria's 100 million warrants @ 26 cents CAD.

Those warrants can then be exercised (the funds go directly to the company). It makes sense why these Market makers are keeping a chokehold on the shareprice to avoid retail wondering why possible ITM warrants aren't being exercised to further fund Nevada Copper. Right now the SP is a few pennies from the next closest strike price. Well done @ insiders - You keeping this SP at near all time lows is the opportunity of retail to buy at these ridiculous prices. This activity by Marketmakers strongly suggests to me and my research that insiders have sold or are planning their exit.
 
In light of the recent MDA disclosing the exclusive agreement that insiders have with potential buyer(s), the original insiders are selling / have sold and it's a matter of time (imo) that retail's shares will be bought out as well.
 
Again, the most underrated best news for this company...
<< Previous
Bullboard Posts
Next >>