In 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!!!!!!