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 > Warrants now leading the stonk >>>

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Comment by Notgnuon Jun 23, 2021 7:40pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrants now leading the stonk >>>

What can happen is that the stock temporaily is shorted and depressed just before expirey. The gamble here is that big waarant holders try to hammer the stock and hope to buy back lower and they have the warrants as insurance in case the reddit gets ahold of the short and runs the stonk to 10,000 bucks a share or whatever.

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Notgnu wrote: Of course you would not do this currently because you would give up your time value in the warrant but if the stock goes to 50 cents or $5.00 post consolidation then you will (at 6 cents) get 30 cents for your 6 cent warrant thus a 500% return (+ - market dislocation)

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Notgnu wrote: Right now you need to present one warrant plus 20 cents to buy a share. After you will need ten warrants and 2 dollars to buy one consolidated share currently worth $2.35 post consolidation relative price.

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Newtrader1982 wrote:
thanks notgnu so right now it's 10 for 1 before consolidation but after consolidation it will likely just be 1 for 1 share do I have this correct?