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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 19, 2024 11:25am
99 Views
Post# 35998090

Possible helpful tip for retail

Possible helpful tip for retailIn Canada we have short position reports issued every two weeks. The recent report for Nevada Copper April 15, 2024 shows a huge decrease of 200,000 consolidated short positions to a balance of only 217,000 positions which is near all time lows. There is no reason for marketmakers to short this stock to reduce share price and create further deviation from the next closest strike price of outstanding warrants at 14 cents. If they (Nevada Copper) were in need of funding from those warrants, marketmakers would bump the price higher so warrants can be exercised...

Anyways, everything I am seeing with my research is pointing to a very possible massive price increase. That post from Gordo showing someone buying big blocks shows some people taking advantage of this dirt cheap price...
 
And copper now @ 4.50 USD / Lb???? I mean come on!!!!!!
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