Post by
JayGriff on Oct 14, 2023 9:36am
Recap of findings
My apologies for the typos. I like to keep the posts clean but totally missed this one.
Last note about the open pit and open pits (plural) is that based on 2023 news releases, there are likely deposits outside of the known and studied deposits that may add tremendous value to this land asset once it is better studied.
The pits are the biggest assets this company has, yet the current "heavily shorted marketcap" hinges mainly on the underground...
Go check out the articles about Nevada Copper on finbox.com , they are old articles but you get a chance to revisit what many analysts at that time have said about Nevada Copper's land asset.
I posted a few weeks ago a tally of the funds raised over the last few years plus the note from KFW bank regarding the mine construction exceeding over 370 million USD back in 2019.
So far, on the low end of current estimate costs based on what I read, at least 1.5 billion CAD invested so far...
Pala's average price per share paid for 822,000,000 shares is estimated at 65 cents - 70 cents CAD
Pala increased its shares by 620 million in less than 1 year. They had 167 million before October 2022.
Mercuria has 100 million warrants at a strike price of 25 cents which cannot be exercised due to the SP being artificially kept around 16 cents CAD
Recently 50 million shares have been added to the public float which has not been explained why by public relations. 249 million shares made up public float, now 297 million shares make up float.
Castlelake LLP and Hargrave (two institutions hold a combine total of 12,300,000 shares within the float) but this has been hidden.
Kate Southwell ( former director) was listed on the insider registry until 2 weeks ago. She was removed from there and her shares are now part of the public float, along with my shares and yours (if you're an actual share holder reading this).
Have a good weekend.
Comment by
patchh on Oct 14, 2023 12:56pm
Castle N that time period - tracing from blogers here.. had their shares being leased by Paladin
Comment by
JayGriff on Oct 14, 2023 1:03pm
Public relations confirmed with me that they (Castlelake) still have their shares 11.7 million shares.
Comment by
JayGriff on Oct 14, 2023 1:55pm
The share price is where it is because of shorts , storks, forks and chopsticks! Add a lil soya sauce and spicy mayo and we're good to go!
Comment by
JayGriff on Oct 15, 2023 10:20am
I wonder who spends 12 years following and posting on a forum board of a company they are not invested in... how much are you getting paid? Btw I don't care. Based on my findings, most people with insider knowledge have and are shorting this stock. All these findings have been reported to the BCSC. All the best, hello to the insiders reading this.
Comment by
bogfit on Oct 15, 2023 11:32am
"It is really difficult to argue with an age-stubborn, know-it-all person who obviously sees his purpose in life in (sic) constantly lecturing, insulting and defaming others." It sure is, I don't know why you do that. b.
Comment by
JayGriff on Oct 15, 2023 3:43pm
Thanks Tom, I agree with you. Well written and appreciated post. I don't read posts from the 12 year poster anymore and a few others on here who go out of their way to write like a 4 year old still breastfeeding and those who make predictions without sharing their math. Waste of time. Abundance to the Nevada Copper shareholders