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 8:44pm

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Post# 33439191

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

Questions are great. Not stupid at all. My aim here, in putting forward my views, as
I have done many times, is to look for weakness or holes in my understanding also, so keep questioning... that is how we all learn.

As for tax... I cannot realy answer but I assume it is a capital loss to carry forward against future capial gains (7 years in Canada I think.)

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Newtrader1982 wrote: Ok got it you are correct the warrants are worthless hence 100 percent write off sorry for the stupid questions I am not that learned on warrants but I love the idea of them. One last 1 warrants expire worthless does that show as a loss from broker just like as if you sold at a loss for tax purposes?

Notgnu wrote:
I the shares are 20 cents / 2 dollars at expirey there is 0 mitigation of loss. The loss is 100%

Just Risk vs Reward. I am a speculator... always have been. Always will be.

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Newtrader1982 wrote:
got it I guess I was thinking if it's trading at say .15 cents theoretically you could still exercise the warrants but it would cost you more than just buying the shares directly so no point but you could still buy the equivalent amount of shares if warrants are worthless to mitigate some of the loss am I right on this?