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Nevada Copper Corp NEVDQ

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.


GREY:NEVDQ - Post by User

Comment by Notgnuon Feb 07, 2021 1:17pm
72 Views
Post# 32496068

RE:RE:RE:RE:stock price

RE:RE:RE:RE:stock priceMeh... those shorts will lose some but not a huge amount. 

This message board is already starting to stink from their sweat though. :)))

As you are aware (I am quite sure anyway) by first buying options in the form of warrants that give the right to repurchase the stock at $0.20 or $0.22, it is possible to short and use these as insurance.

The sweating shorts were counting on copper tanking below $2.50 (maybe with silver going up simultaneously) and they have become quite bold... but that is what makes a market... until the 'GameStops' anyway. 

We now have a guarenteed pool of 25,000,000 worth of buys... Let the games commence fcukr's

N

MarkAble wrote: All those shorts is a concerning to say the least. Shorting a stock at 16 cents sounds pretty risky given the potential upside loss so these shorters must be feeling pretty confident the share price is going to fall before making that bet. Back to single digits again???


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