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 > Next NCU news >>> What to expect and watch for >>>

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Comment by Notgnuon Oct 24, 2021 2:56am

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RE:RE:RE:RE:RE:RE:RE:Next NCU news >>> What to expect and watch for >>>

No one is obligated to exercise. Clerly retail holders will not do it if they can buy in the market below the strike price. CL has been selling so I doubt they will exercise. They could block trade their warrants to Pala and Pala could buy 13 to 20 million more shares at $2.00.

Pala cannot go into the market if, let's say NCU is trading at only $180 by year end, and buy that kind of position without blowing the price up tpo $3 to $6 so, from Pala's point of view, why not exercise if no one else wants to buy into the mine that they own 40% of?

I would do it if I were Iorich... it just makes good sense and it is legal. I see no grounds for a lawsuit... no one is hurt.

All this said, I still think NCU Doubles or Quadruples before the warrants die so the whole discussion is nicely moot then. Anyway, I don't understand more than about half of what you write (my bad) so I will just stick to my view.

Cheers,
N

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