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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.


GREY:NEVDQ - Post by User

Nevada Copper Corp > A warrants at 5 cents
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Comment by patchhon Apr 12, 2021 7:35pm
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Post# 32982481

RE:RE:RE:RE:RE:RE:A warrants at 5 cents

RE:RE:RE:RE:RE:RE:A warrants at 5 cents
correct !  i really do not understand wts...

hwv - my perspective is this will B dilutive to the stok price, in an adjustment,' in the stok price in the split..

i.e. that 100,000 wts will not reverse - only the striking distance..  you now hav 100,000 shares of NCU comon - rversed 2 5000 common, w a 100,000 warrants leined at a higher strike price.. 

extending the dates, for exercise will not wipe the 100,000 warrants, and will trash the common when they do come up for expiration..  toss in the hedge shorts which will B thru the roof & that 10 dollar stok will B smoked @ 5..  i do not follow the math here...

the 100,000 warrants are now short options...

the big pickture..  is..  will NCU call the warrants in circulation - to also wipe some of the free wts in circulation; and re-issue in line w the stok reversal..
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