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Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

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... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Next NCU news >>> What to expect and watch for >>>
View:
Post by Notgnu on Oct 23, 2021 2:32pm

Next NCU news >>> What to expect and watch for >>>

1) Confirmation of TSX acceptance of the long-term debt deal as structured between Pala and KFW


2) Possibly an update on the surface fans being at or near the site now and ready for instal and then commissioning.


3) Completion of the dike crossing (90 feet down) as part of the progress toward a whole second access to creating laterals and new stopes simultaneous with the current ones


4) News that Pala will, at some near point, after the share price uncoils, exercise their 130 million warrants for another 13 million shares, yes even if the share price is not above the $2.00 thresh-hodl. Why? Because in the absence of the financing, which may not be necessary now, then it would be the only way for Pala to increase their percentage and lower their average in face of mine completion and the new copper price outlook pushing the stock price up early next year, shortly after expiry of the January warrants... (not out of the question in my guesstimation.)

 
Cheers,
Notgnu
Comment by patchh on Oct 24, 2021 12:03am
exercise their 130 million warrants for another 13 million shares,... if they try that @ 2 buks... ! it means the wts get eecised at below their issue price.. vlad will be @ a bar if he exercises less than his issue price... nci is also a missance of the dye and non disclosureof the drain wells being installed in 2019 - that deals w a runny faucet.. there is also no disclosure when the state ...more  
Comment by Notgnu on Oct 24, 2021 12:35am
I don't know what you are talking about. Maybe someone else can clarify this. 1) Is there any legal reason why anyone, Pala included has to wait for the warrants to be "in the money" to exercise them? 2) If the answere to (one) above is NO, then I think there is a possible good reason to excercise anyway and that is if you want a large percentage increase in your holdings, and no ...more  
Comment by patchh on Oct 24, 2021 1:05am
No ! Castle has 80M Jan's... ???  where will they B with this ?? Vlad exercises as a stok option and i am out of the money ? if NIC does nothn w an extension..  them jans will bever Get Off the Basement floor @ 20 thats shareholder dilution if he grabs below money !  and that will B grabbing ! the wts are issued as part of a deal in good faith and an incentive to drive ...more  
Comment by Notgnu on Oct 24, 2021 1:30am
This makes no sense to me. Why would shareholders sue if a shareholder puts money into the company by buying above the market price? Maybe someone else can also exlain that to me. https://www.investopedia.com/articles/investing/071513/warrants-and-call-options.asp N
Comment by patchh on Oct 24, 2021 1:53am
Blimy !  this is such a limited medium ! U had it rite last month -w extension.. if exercise is 2 buks..  the issue price is 40 = 240 if storks are trading at 1.75 or 175..  U loose money..  u exercised less tha  the strike price.. if the stok is trading @ 175 and the current pruce is 35 for the wts... there are going to B a few investors in Ca who will look at this ...more  
Comment by patchh on Oct 24, 2021 1:59am
retail investors will B underwater @ 175.. not Iota that a large corporation can come in and strike @ 2 buks when the stok is trading @ 175.. regardless of the wts price that 2 buk buy will do noting to drive the 175 higher.. its a loss to the corp their books  there are 500M of these wts.. retailinvestors will not exercise a 2 buk when they main holdings are 175..  they will simply ...more  
Comment by Notgnu on Oct 24, 2021 2:56am
No one is obligated to exercise. Clerly retail holders will not do it if they can buy in the market below the strike price. CL has been selling so I doubt they will exercise. They could block trade their warrants to Pala and Pala could buy 13 to 20 million more shares at $2.00. Pala cannot go into the market if, let's say NCU is trading at only $180 by year end, and buy that kind of position ...more  
Comment by patchh on Oct 24, 2021 4:24am
Failure in Investment Stock """!!!""" procedes will simply go into the General Ledger... they just re-finny to 2026..  they don't need it @ 8% --> i do not want to give the bankers extra poket money - under any division bell.. its chiken little - only benificiaries are major holders w/n the corral/insiders.. i am ALL FOUR these guys going into the ...more  
Comment by Fishbillion on Oct 24, 2021 8:56am
This post has been removed in accordance with Community Policy
Comment by Notgnu on Oct 24, 2021 8:55pm
Nooope. Should the Company complete one or more equity financings in the future, Pala will be entitled to equitize and/or convert up to US$35 million of principal loan amounts outstanding under the Amended Credit Facility into new common shares of the Company on the same terms of any such financing. N
Comment by Fishbillion on Oct 24, 2021 9:32pm
This post has been removed in accordance with Community Policy
Comment by patchh on Oct 24, 2021 1:14am
i am looking for an extension...  not a fat lip from fat cats..  the stoks don't expire and if exerised amounts to raiding less than market valuations... let say the exrcise mow and ge an equivalent of 20 N1N2/Rq..  if they extend and exercise they get 110 N1N2/QnR..  going hard pressed for flesh is a 90% thats sold at a very short term loss that is carry forward to blance ...more  
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