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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > Question about public shares being bought
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Post by BlakeRyan1978 on Apr 22, 2024 7:45pm

Question about public shares being bought

If a buyout ensues, do the shares that the market makers possess (not possessed) have any value or do they get canceled out once the buyout transaction is complete? I sometimes wonder if the purpose of tanking a share price (at this point in time) is to allow marketmakers to accumulate cheaper shares so as to reduce how much money is paid out to the public portion of the ownership spread. I'm not sure how this works but if anyone has knowledge of this, I will be forever be grateful <3

Today's tanking made no sense (to me at least) at a time when copper is hovering around $4.50 USD / lb. I can't for the life of me figure out how strangely this ticker moves and grooves downward or flat - but happy to know some here are enjoying the show - thanks in advance for any info.
 
OHHHH DID YOU SEE THAT RHYME IN THE LAST LINE????!!!!!
 
IMON FIRE!!

Comment by cnynman on Apr 22, 2024 7:56pm
allow marketmakers to accumulate cheaper shares so as to reduce how much money is paid out to the public portion of the ownership spread I have suspected for quite a while that some form of this is ongoing at NCU.  If I'm correct, the 'players' will continue to bilk mom and pop investors as long as they can raise money and increase the value of the property internally (build ...more  
Comment by Stb888 on Apr 22, 2024 8:10pm
Thanks for your comment, seems serious and insightful. What do u mean by ", the company will  be allowed to fail" ?
Comment by cnynman on Apr 22, 2024 8:40pm
If the true intent of those in control is to gain control of the property for pennies on the dollar, at the expense of common shareholders, they will reach a point where 'bad operating decisions' will be made, which result in losses or failures of production.  Then will come either a fire sale or bankruptcy. If I were a heavy investor in NCU (I am not), I would watch closely for ...more  
Comment by patchh on Apr 22, 2024 8:24pm
there is by my estimate something like 300M (MM) shares missing and simply parked in the CBOT in Chicago available for lease..
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