Nevada Copper Corp NEVDQ

Bog; yes Facts are always in short supply!

[rockhound3]

I Also got caught re the ACB of the Nevada copper shares -  in that my brain didnt take into account the share consolidation. Thus on that basis I believe that the short history is that the cost of the Nevada Shares originally purchased by PALA  back around 2012?  was over $4 pre the share consolidation. Then PALA bought the Nevada copper shares that Capstone pulled a fast one on - which effectively put PALA in control.
We then had all the desparation funding with shares going out at very low prices such that PALA's average cost came down to approximately 50 cents  before the consolidation.
Then the 1 for 10 share consolidation pushed the PALA average cost up to approximately $5 per share!

No wonder we find it hard with the various transactions - sort of like a magic show!

As noted yesterday my brief review of "target " prices indicates that a number of organizations are either confused or just dont have the time to keep the # honest!

One of the questions to be asked = why if PALA's average cost is approximately $5  is the stock trading at less than $1 ?

I do believe that the answer is fairly simple  best described as " a lack of confidence", "Negative good will", " the Russian Premium ", or " retail revenge"

That said the mine is blasting, loading, hoisting and milling. The copper prices is holding , there is considerable amount of copper that hasnt been "measured", the location is excellent  with the result that this operation is almost guaranteed to make a lot of profit + the only question is who is going to get to enjoy that Profit?

Time will tell?
Rock