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 > Warrants now leading the stonk >>>

<< Previous

Bullboard Posts

Next >>

Comment by newinvestooron Jun 24, 2021 7:46am

68 Views

Post# 33440216

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

Not a good example. On june 18 the stock dropped due to this news . Your comment would be assuming that NCU will further dilute after RS. You should have mentioned this important factor in your statement.

Nouveau Monde Announces Pricing of US$52,500,000 Public Offering of Common Shares in the United States and Canada

GlobeNewswire JUN 18, 2021 12:24 AM EDT

savyinvestor333 wrote: You may want to look at Nouveau Monde NOU for a comparison of what happens when a 10 for 1 consolidation happens. They also did a U.S listing and a financing after the consolidation. Share price before consolidation annouced $2.50. Share price now under $10.00 post consolidation. That is greater than a 60% haircut. Not saying the same thing will happen here but History may not repeat itself but it does rhyme
.

Notgnu wrote: I lost about 80% of my portfolio due to leverage and margin in March 2020. After getting several margin calls I dropped to about $200K briefly. I borrowed some outside money to cover the last bit and traded oil and gas (should have stayed there as it turned out) until late 2020. Around November 2020 I started buying NCU at the bottom (around 7 or 8 cents) and then have averaged up while trading a small float. I sold my NWHM earlier this year and went full tilt NCU. The 200k washout is now above my $1.1m pre-Covid account at about $1.5m, 100% in NCU.

Could I go to zero doing this? Answer: Yes, I could. Could I go to $10m doing this? Answer: Yes, I could. Is this wise for others? Answer: No idea. Is this what I want to do? Answer: Yes, it is.

Cheers,
Notgnu

Notgnu wrote: If the stock trades at 20 cents / 2 dollars consolidated then my first series warrants expire valueless. If the stock is 21 cents / $2.10 and above then I either sell them or excersize them depending on the market in the last week or so.

So short answer.. yes, total loss in that case.

Think of it this way: Buying warrants is like buying the increase in the share price. You have to pay for that right. That is the time value of your option. The option is worthless if the share is not trading above the option price at expirey but the price you pay for the option gives you big leaverage to the upside. I am just highly levered.

N

Newtrader1982 wrote:
so are you saying if the warrants are worthless you will exercise them or just eat the loss?