Nevada Copper Corp NEVDQ

Wonder who >>>

[Notgnu]

is working so hard to keep the price from exploding?

NCU will be hauling buckets of cash up at these copper prices.

Cheers,
N

[Fishbillion]

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[Fishbillion]

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[Notgnu]

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[marketsense]

MY guess is short term traders booking profits in complete disregard to improved fundamentals.  Once they've sold out,  NCU should move up to more reflect these changes.  NCU is undergoing a drastic sea change in their prospects but typically there is some selling resistance to overcome before it can break away again.  That  is no surprise after having collapsed so

[yanncivilis]

I think they may do an equity financing. The way the press release is drafted... But not sure I understand. The KFW condition is $40k debt or equity. Board approved Pala non binding termsheet so then why do the equity. If no equity why do they spend a full paragrahp on this in regards to their warrants given the price is set as soon as the loan amendment is closed which I would think takes 2-3

[Notgnu]

I think the talk of an equity raise is just talk at the moment and that they (the company) will likely wait until the new year and wait for a much higher share price. The insiders now all have a stake in seeing the share price increase now.  Then there is the new Pala warrants. These are kind of a give-back situation to Pala and I am not commenting on whether they are 'deserved' or

[yanncivilis]

FYI, press release.  Fifteen million common share warrants shall be issued to Pala, exercisable until the maturity of the Amended Credit Facility, at an exercise price equal to the lower of a 25% premium to the 5-day volume weighted average price of the shares of the Company immediately prior to the closing of the Amended Credit Facility, or a 25% premium to the 5-day volume weighted average

[Fishbillion]

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[yanncivilis]

And if an equity happens it will be at a 15-20% discount to share price whenever that happens in the next 3 weeks. Discount mentioned above is roughly the same as when they did a 15 cent equity raise and again at 16.5 cents. So just saying this is a potential headwind in the short term

[Fishbillion]

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[TomsStockHut]

best would be: you just shut up

[Fishbillion]

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[yanncivilis]

Dude, you are the one that talks shittt all the time and has no clue about anything. I think your parents must be related. Go back to your pond because clearly no one cares about you. That is for sure. Not going to waste my energy on you just ignore me and I ignore you. see you idiottt. go somewhere else

[TomsStockHut]

think the KfW condition is an eqity share of 30% of the budget, when financing the OP. This will allow Pala to build this position. Cheers, Tom

[Newstock44]

Just hitting 1% of shares(minus them warrants) up 11 % .What happens next 1 percent of shares traded guess will see soon cheers NS

[mininginv]

Probably a good chance CL is still selling? They had almost 15m shares left

[patchh]

CL owns 3 Postash Mines -w- Pala.. the one in Idaho/Rexburg pulls 100MTons from a Pilar Mine...  that is used to farm potatos... another unit down in caymans and a chunk of one in canada.. CL and Payla is joined @ the hip !

[Notgnu]

Thanks patchh, that super F'n interesting.  Now we have an idea (possibly anyway) why CL sold down to below the threshold that requires insider disclosure. Trickkkky monkeys. N

[Notgnu]

I wonder if regulators would want to do any "condemnation drilling" into that one just to make sure everyone is playing fair? ;) N

[patchh]

probably not !  worthless thought ! TSX is or only moves when there is mnney lanudry actions or planer jane fraud.. the CA mine engineers are certified as Qualifid to make declarations on the TSX Filings... to double down on an enforcement action requiring a testing battery - they would hav to come down and sit for split sample collections -and- assay @ their labs in Canada.. otw

[patchh]

Mircle Gro is basically Potash w a sulfor/soly.. Vlad may hav been looking for a copper source for that Potlatch Refinery in Rexburg.. thats part of the JR Simplot Empire..  he died - the accounts took control of the corp.  sold off all of his spuds related property..   the accountantskept some timber and brought of all things "Office Max" simplot owned just abiut