Nevada Copper Corp T.NCU

All in stock

[aurens]

i am all in stock...are the warrants keeping the stock down? Averaging now at .26. Are the warrants a better deal? I find the warrant thing puzzling. Why do they exist?

[Notgnu]

Simple answer is the warrants are basically a call option to buy shares at a lyer date at a prefixed price. They are typically attached at the time of a financing such that those who put capital up in advance get a bit of a "kicker' thus the warrants that are trading are originally own by peeps that got them in one of the (two in this case) finacings. The A warrants give you an option to

[Notgnu]

They way I look at warrants is that they contain 2 values. One is their intrinsic value and the other is their time value. Intrinsic is quite simple: an NCU is 28 cents and the warrant lets you buy at 20 cents so about 8 cents is intrinsic add to that what you are willing to pay for the time that some X amount of share appreciation will occur.  I personally am willing to pay up to about 1/2

[patchh]

time value  ?? more like  a stopwatch w a hot pikup date.............

[aurens]

Thank you very much for the warrant enlightenment. You are a scholar and a gentleman.  I now feel slightly more intelligent today,  which is kind of important in these tedious plague days One insider comment two cents worth on you scotiabank kerfuffle this morn .... scotia is not the brightest Canadian bank.... Any coment from RBC BMO or TD would be more useful......Cheers!

[patchh]

sold BMO yesterday.. 

[KozmoT]

BMO is my one and only bank stock (not counting FIE) and its a keeper,why would you sell it? unless it was to buy more NCU???

[patchh]

going out to buy a house today @ the lake.. its a fantastik holder...

[Notgnu]

WoW congratulations... that's great. Have to enjoy life :)) N

[westcoast1000]

South Lake Tahoe perhaps.

[patchh]

too much Yup 4 me @ Tahoe...

[patchh]

there is some paperwork involved here...  the holder has to post the cash alongside of the warrants and buy the stock at the same time.. in the US (if U can find an honest dealer that will sell them to U) - - - US CItizens are Banned By Canadian Law from Exercise.. the only way a US Citizen can Exercise is thru a stork club - iScotia Trade.. this requires an attorney on the candian side

[patchh]

U will probably get a No to that question.. the answer is yes on the TSX Side..  it is keeping the stok price down.. on the US ADR there is no readlily available Wts A or Wts Jan.. i did manage to get a broker @ Charles Nose Swab -2- purchase 5000 of the Jan wts / bak in sept.. she loaded them up around 0.o4 a copy...  the  the bitttch turned around lated in the month and

[aurens]

Thank you patch. I am in Canada so I guess warrants are an old Canuck trick I should figure out. Tip my hat to your fine posts. Very enjoyable. Makes me mix thoughts of one of my favorite films Rango with the swirls of the mine world. Fun and finance is a good thing . muchas gacias...