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 Notgnuon Jun 24, 2021 9:43am

78 Views

Post# 33440747

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

It would be highly unlikely but if the share were to run up a lot and one were to sell all commons but hold 100% warrants then you could short the stock and limit the risk of getting caught in a squeeze because you own warrants to cover with.

Note I said that more in response to a dialouge with patchh in which it seemed to me he was implying that the stock could run up before expirey of the warrants (not totally sure what he meant) but I was just making a theoretical counter-point. Chances of me actually doing that are more realistically near zero.

Cheers,
N

Newtrader1982 wrote: How can you short a stock that at the same time you are holding shares in? Isn't that essentially just selling your current shares at whatever the sp is at when you "short" it?

Notgnu wrote: I am basically not smart enough to know. I will probably excersise 3/4 of the warrants I hold and just keep the stock. I have enough commons to lever this (this assumes someting near to my target pricing.)

No idea what others will do... too complicated and too changeable on a day to day for me to second guess or plan anything different in advance.

If our share price runs way up I might even short a small amount of our own stock and cover again... who knows?

Cheers,
Notgnu

patchh wrote: splitting hare here... the wts will not become pro-rata until they are exercised..

look around ! i do not see any 1.5M Wts on the trade book - not since march/april..

then the yanks will B dropping bak in w large bloks approaching expiration...

the warrants have intentionally been diluted in favor of NCI - thats why they held bak on the R/S news - pushed into July...

the Wts are an underlying derivative = Diluted..

what happens to the implied volatility say Dec ?