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Nevada Copper Corp NEVDQ

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

Comment by westcoast1000on Nov 12, 2021 3:53pm
250 Views
Post# 34121394

RE:RE:HELP - ASSISTANCE NEEDED!

RE:RE:HELP - ASSISTANCE NEEDED!patchh.

Your comments about the taxable value of the Jan warrants reflect what is in the financial summary, but you are confusing some people including me. 

Today, it seems likely the share price will not exceed 2.00 by the end of January, 2022 , and so the warrants will then expire worthless, but it is not impossible the share price will exceed 2.00. The company made accounting moves regarding the value of those warrants, and that is it. 

As for the July warrants, no one knows what will happen with the share price by then. The share price would have to be close to $3 for their to be an active market in the warrants, or to make it worthwhile to redeem them to buy shares. All true. But no one knows if those warrants will have value. Moreover that warrant series is much smaller than the January set. 




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