Nevada Copper Corp NEVDQ

A stand-off for a while

[Notgnu]

NCU shares are boxed into a veritable stand-off for now with brokers having an option to buy an extra 30 million shares (about 2.2% of the shares outstanding.) 

With copper holding where it is and with all the positive developments of the last few months, the share price (I agrue) should easily be well beyond $0.20 now (perhaps mid $0.20's) but trading is very light and it seems everyone is waiting to see if the brokers strip the warrants and sell the over-allotment shares into the market (I think they can do that --- correct me if I am wrong.) 

Cheers,
Notgnu

[patchh]

warrant volume from Jan^6 to jan^12 - heavy  100 thousands ++  flat afte this i did not see where the warrants are locked in that buy up..  i did not see an expiration on the new warrants either if the warrants are not locked..  then there may be a new issue w a diffrent expiration date and should be listed after the lok allotment date is reached 

[patchh]

warrants..  [1:@2] Each Unit will consist of one common share of the Company (each a “Common Share”) and one-half of one common share purchase warrant (each full warrant, a “Warrant” and collectively the “Warrants”). Each Warrant will be exercisable for one Common Share (each a “Warrant Share”) at a price of $0.22 per Warrant Share at any time for a period of 18 months following closing of