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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

Post by nofluffon Dec 06, 2021 2:37pm
139 Views
Post# 34203204

Recent warrant math

Recent warrant mathSo the new warrants cost 0. Two gets you a share for a cad dollar for the next year or two. 

So lets say mill up to 5000 tpd by next Aug. So lets say 150 million 12 month forward eps plus op and satelite advance.

So sp 3.00 cad. Almost a given, I believe. So u pay .77 cad for 10 million shares. 7 million 700 dollars cost. You sell them all at .60 cad for a loss of 
1.7 million. You write that off against a winner and bring your loss down to
1.4 million. So your warrants now cost you .30 cad. You sell 5 million warrant shares for 2.50 cents for 6 million profit. That is a 4 bagger in one year.

In the mean time you have 6.3 million for more investing.

nf
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