GREY:NEVDQ - Post by User
Comment by
Notgnuon Feb 25, 2021 1:51pm
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Post# 32659619
RE:QUESTIONS FOR NCU MOVING FORWARD :
RE:QUESTIONS FOR NCU MOVING FORWARD :Dilution... maybe, but unlikely without really pissing off Mike (3.5 million rights) and Blackrock and company when in fact some good forward sales of one kind or another are also possible. Equally possible that the last release was a move to underpromise now and switch to over delivering.
As long as copper is where it is I don't care. I will wait a year if necessary.
In the meantime great to enjoyt the sunny weather (at least here in Vancouver anyway.)
Be well,
Notgnu
SNgu8000 wrote: According to last update , managerment wasn't sure about " cash conditions " ???
SO Should managerment diluting shareholders again to raise more money to fix ......
Or pre-sell ( hedging ) 50% future copper , give up some potential profit if copper continue moving up but lock-in price now ???
Or sell 50% open pit mine to market ? To.....
What are you prefer Notgnu ? What do you think " Pala's thoughts " ? Of course I think Pala want cheaper shares again to average down as much as they can , nature of SHARK .