Nevada Copper Corp T.NCU

Share consolidation gambit >>> 20:1 >>>?

[Notgnu]

How many potential NCU buyers are there who are waiting for the shares to consolidate before buying?

Obviously it is impossible to know how many 'watch lists' have NCU on them but I think it is reasonable to expect that some buyers hope for a price drop upon consollidation. This may happen but I doubt it.There will be some, probably larger fund buyers, currently restricted from buying "penny stocks" who will be able to start buying.

The consollidation will, almost without doubt, be minimum 10:1. Personally I would rather see 20:1 or more (50:1 is fine with me.) 

I addition to new institutional buyers, the small investors like myself and many other's here, will be able to obtain margin to buy more shares. I for one will double down on my holdings, assuming that anything near (my assesment) of today's price to value ratio remains.

All will be well.

Cheers,
Notgnu

[patchh]

it will B shorted B4 instutional's move in..  they will not buy w anything less than 100 mda... 50:1  ?   neverheard of such a beastie !

[Notgnu]

I agree I doubt 50:1 would ever happen... just saying it is fine with me. More realistic I think is 20:1 As to shorting... bring it on. When I get margin, probalbly a few days after the shares consolidate, I will be watching for any dip that shorters want to give me...cash-flow cometh. N

[patchh]

20:1  won't make a margin requirement..  if U short that on Ur board w a the button..  think 9%...

[Notgnu]

20:1 will make margin with my bankers... don't know about yours but I need $3.00 plus.

[patchh]

most of the bigger banks/brokers-here' require 5 aqnd excess of 300M$ capp

[Notgnu]

I think most of the shares are held in CAD accounts subject generally speaking only to a $3.00 plus requirement irrespective of market cap (outdated methodology that it is... but 'hey,' Canada.) Once the Nasdaq listing is done (probably late this year, after 5000tpd ramp up) then US investors become a huge keystone to share price growth (higher earning multiples.) N

[patchh]

the NCU ADR is bak up aroud 70% / Voluyme..  looks like a few lurking penny flippers are loading up; a bundle of 50K trades before 10:00 am volume is down on the TSX

[SNgu8000]

Can I chip in ? Anybody is waiting for CONSOLIDATION or SCARE OF THAT - Just look into TRQ's recently consolidation while COPPER ON UPTREND . My take is I DO NOT CARE , like I did post here b4 " Pala and Castlake " won't concern a bit too , I think if 20:1 or 30:1 , price WILL BE DOUBLE QUICKER , WHY : hot copper trend , bigger money or funds will start look deep into PUMPKIN