Nevada Copper Corp NEVDQ

NCU.wt.A is moving up a little

[Notgnu]

We are getting a tiny sniff of traction now.

Notgnu

[slewfoot2]

This post has been removed in accordance with Community Policy

[Notgnu]

good move slew... bought a couple hundred k myself... probs add to commons and warrants when I get some incoming cash. Nothing better out there that is as secure as this given it's current price realtive to the assets N.

[patchh]

warrnts don't hav a symetry w the stok..  there i an intrinsic value.. they will have a market a few weeks before exercise.. the new warrants are european warrants - sold in switzerland and hav to be exercised for the stock..  be care fulll  some brokerages will mak u play cash to buy the stok and redeme w coupon.. the european/swiss style are more  akin to bearer bonds..

[Newstock44]

The warrants if any large volume will trade at a lower price than today's. If I had warrants that I could sell I would be selling them at 4 1/2 cents because at an average of .163 I would value them at 2 cents maximum. Maybe the same guy you bought those 4 1/2 warrants can afford to sell those shares that went for 16 cents today IMO it would make sense cheers NS

[patchh]

come on !  they were trading for 6 months @ 3 to 3.5 when common was o.08 First, warrants have intrinsic value. If the stock price is above the exercise price of the warrant, then the warrant's intrinsic value equals the difference between the two prices, with an adjustment if the warrant isn't exercisable for shares of stock on a one-for-one ratio. The intrinsic value sets a lower

[Newstock44]

6 months ago is a different warrant there are some at 20 cents and the new ones at 22 cents and the new ones havent been around very long. not sure why you think the value is what it started at that's just cr@p I never pay more than 30 percent on any warrant at these numbers of its around 2 cents cheers 2222

[Notgnu]

I have lost the thread of this thread  New44... R U responding to me or patchh?  N

[Newstock44]

Patch but GNU all your numbers are in American dollars right . Copper is at 3.76 which is 4.75 Canadian FYIm Good luck on warrants 26 1/2 cost or 16 cents for the stock really Patch

[Notgnu]

New44... Yes USD cost and CAD for the price of the stock... I cannot believe I never noticed that simple mistake... wow. I think you just added 27% to all my calculations of what I project the stock is worth.... F'n amazing that after hundreds of posts that no one else noticed that either (or maybe they did ,,, I don't know, lol) Damn lucky I didn't make that mistake the other way

[Notgnu]

I mean USD copper and CAD stock... Maybe it is easier to just add the 27% to the NCU price projections I guess... lol, too tired to think at the momont N

[patchh]

Warrants are simply a Quasi Bond...  several methods to compute value..  they mature over time and are not good trading instruments.. NCU pegged .45 yesterday and are bak up to .60 and are not esoterically priced to the curruent price of Cu++ where do U get "" Good luck on warrants 26 1/2 cost or 16 cents for the stock"" or the 26 1/2 ? the intrinsic value of the

[patchh]

i kinda scrued it up !  point is that these warrants are calls or quasi bond's w maturity dates.. there are no premiums per say..  but U will be penalied when U trade short of expiration w gains.. ask may be 1.00  but the sell/bid will not fill above 0.80..  we saw this yesterday when the first warant went off @ o.045..  you could not  buy for less than 0.06

[KentWilkens]

Hey Patch, great info on the warrants. I have some of the regular ones sold on this side of the pond, so does that all apply to those as well? Since the new A warrants were issued trading has thinned out on the regular warrants, and it was thin already, but it did trade like any other stock. Your opinion on this is much appreciated. KW

[patchh]

WT:  the first series expires in jan 22.. yes the warrants trade ..  but are not great trading instruments - mor like buy and stuff in a glass cookie jar - admired by all"! about 6 weeks before expiration - generally; if the stok has had a good run..  the wt's go into combat -w- combar..  i hav had warrants go over the price of the stok last week or so..  gold

[Notgnu]

Meaning no disrespect but I will block trade a whack of the A warrants at $.03 fi'n anyone wants out of'mN.

[patchh]

better make shure them new warrants are not swiss..  if the trade is sqwiss land -= they B european/swiss warrants ! and i kno nothing - wells fargo burned my but about 10 years ago -2- the tune of 3K$ swiss warrants have to B fully exercised -2- get the stok ???  they are not call warrants