RE:RE:Wow! Super heavy dilutionJay,
I am not sure about the $25K backstop. Got to assume that it was drawn as evidenced by the latest dilution.
IMHO, it's clear that Nevada Copper is committed to get the operation up and running. The big question is what kind and quanity and grade of copper can operations pull out of the ground post haste in order to drive the SP out of the doldrums.
The major/backers investors have penciled it out, I am sure. I believe that there eye is on the long- term; post OP development..
One has to figure a large return on our retail investment in the near future won't be significant. Hopefully, most retail followers have averaged down and are in a position to realize some kind of gain with production amping up soon.