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.

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Nevada Copper Corp > Stroking horse bid is 300% higher than last closing price..

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Post by rickwayne1982on Aug 13, 2024 8:25am

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Post# 36176100

Stroking horse bid is 300% higher than last closing price..

You see, if you shorted the stock at 7 cents and didn't buy back your shares in time (before halt) to close out your position and make all those wonderful gains, the stalking horse bid is now 300% the closing share price on the NEVDQ ticker symbol. So, your gains have technically disappeared and now you're still paying interest on that short...

The bidding process is actually well underway if the floor MINIMUM / MINI MOM bid is 300% higher than the last closing price :P

@ Patchh, yep, the shares are being delisted Aug. 21 so no more buying... Any form of consideration will be deposited directly into your cash account.

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