Nevada Copper Corp NEVDQ

Metals & Mining Copper

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 a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp > stock price

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Comment by Notgnuon Feb 06, 2021 5:54pm

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Post# 32494197

RE:stock price

Please post a link to the short info... If that is so, it is great!.

25 million shorts is probably about 10% of the not tightly held shares, so that gives everyone an ability to increase positions while NCU is so underpriced.

It does make sense because the brokerages that recieved warrants are able to hold the warrants as insurance and then play a few games by selling and shorting etc... But, as with all gambles on the future, it could also backfire. It only takes one or two bigger buyers to decide to add to their investment while NCU is still under $0.20 or so. Remember that would only take a $4m or $5m investment to buy against those shorts and then they would have to cover by excersizing the warrants which adds to NCU'S cash. So it simply becomes a finger in the dike excersize provided the world doesn't decide to go back to fossil fuels or something like that.

Have a look out for the phenomenon of a lot of none NCU related posts that show up right when there are a lot of postives about NCU to be discussed... just something I have been making a mental note about.

After more than 10 years in the making, and now sitting at a bargain basement price, be aware that there is a motivation to try shake you out of your positions now.

Cheers,
N.