GREY:NEVDQ - Post by User
Comment by
BlakeRyan1978on Apr 22, 2024 2:04pm
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Post# 36001725
RE:RE:Nevada Copper Recently attending career fair
RE:RE:Nevada Copper Recently attending career fairThank you Cnynman, yes that makes sense about hiring for certain positions to keep the mine operating smoothly. Pala used to own a big chunk of Dumas mining (contractor for capital projects) and SMD is still at Nevada Copper I think? So the skilled positions would be hired externally / outsourced for the time being and it looks like Dumas or SMD may have connections to help with filling those positions. Attending a career fair shows that Nevada Copper is looking to hire for the long term though (how I'm seeing it), maybe it's just optics. But when I see that huge position taken by PI Financial last month and still holding their almost 100% gain, something tells me there's bigger, better news to come. PI Financial's trades have been perfectly timed in the past...
The recent press release today and the timing seems weird giving how the share price has been creeping up last week. It almost seems purposeful so as not to have those 14 cent warrants ITM (In-The-Money).
Exercising 14 cent warrants seems like a steal, and that would provide plenty of funding for the mine. If insiders don't want to exercise them, that tells me the deal is pretty much done (Hence PI Financial still holding their already 100% gain position.)