Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(185)
•••
Post by JayGriffon Oct 07, 2023 9:19am
147 Views
Post# 35674438

Pinned Share Price

Pinned Share PriceIf Pala didn't exercise those 352 million warrants (to retire the 65 million USD debt instrument) back in June 2023, there would be 991 million outstanding shares.

The market cap today would be $119,450,000 USD at the current SP. This is less than the October 2022 refinancing package of 125 million USD that was obtained to restart the mine.

For the newcomers visiting / or invested, Mercuria is another financier with over 100,000,000 warrants remaining with a strike price of 25 cents CAD...

By keeping the SP less than this, it keeps Mercuria from exercising those warrants which would increase their ownership, and put more money in the bank for Nevada Copper... remember my dear friends, they (Nevada Copper) still have lot of work to do to get that Open pit started, so every dollar counts, especially with the huge workforce they have now... it's a big payroll!!

I welcome anyone on this board, including the insiders viewing this, to theorize why the SP is being pinned to this ridiculous amount. Obviously it wouldn't be theorizing if an insider responded to this lol.






<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities