Nevada Copper Corp NEVDQ

FWIW - Doubled down today.

[bogfit]

b.

[dosco]

No way smal investors sold it down last weeks.  How huge are the fines per mo th for the non delivery per month now? Its so stupid cheap on what we know. What dont we know... quite frustrated as after debt deal 1.2 donw to .8 just not fit to this... What the heck is on again?

[Notgnu]

Still guessing that Castlelake are, and will continue to be, suffering some diststress of their own and that as a result they are still unloading the rest of their position. N

[Angler101]

But if that were true, wouldn't it be smarter to wait for an update on the tsx issue, update on fans, etc.?

[Notgnu]

They started selling months ago. Their director left NCU back in March. They are a private fund but it looks like their mark to market NAV dropped 33% since Covid hit. I notice this from adding up their declarations on their website about their NAV (mostly commercial airliners and mortgages) and comparing then and now and by noticing their own finance raise... presumably used to pay interest on

[Angler101]

Oh well...their loss, our gain (eventually) I guess. Although disappointing to watch the daily decline, it's definitely a great opportunity to load up some more! I think any retail investor would be nuts to sell with full commissioning and $5+ copper just around the corner

[patchh]

what will continue.. is these NCI news pops and the CBOT Dumps and race to the bottoms..  we are locked into a viscous cycle probably into 2nd quarter.. NCI is not General Motors closing plants to boost earnings - eventually this will filter out and dumping CBOT shares, for a NYC Handshake N loss shall vanquish itsrlf.. more concerned about the Jan Wts..  several of the posters here

[patchh]

in the case of areoplanes..  they simply go to the seller - short-buy at a loss and agree to take new aircraft... the mtgs hav not gone yet...  not in Ca..  its still booming... i think scotia force majuered and became an unwanted warm body in the office @ NCI.. NCI is a hotrod..  and several players from the rim want this property is a locked chattel... 10B sounds like

[Notgnu]

ey do not have to file financials as far as I know because they are not publicly traded ... sophisticated investors only. I do think the change in NAV is a reflection of requirement to remark assets yearly to their fair value which means that cash flow can remain the same (payments from carriers) but the resale value of airplanes (on paper) can drop more than the amortization schedule had

[patchh]

i hav done this B4 ...  i would finish w a 5th wheel & @ 3 years the CPA would take the entire deduction... put 20 or 25K$ on that deduction line - end of life cycle/charge off.. then say 3 yrs later..  come bak in and put a book value on that wheel - chardge it off in 24 months -again- @ 20K$.. i hav two wheels..  i know a guy here @ the base who has three..  just one

[patchh]

i think there may B a suit in the winds..  & its not against NCI..  CL is selling in case they loose and don't get hit as a deep pocket..

[patchh]

I hav not seen any new CL SEDARS since the 10th... R they still selling -or- R they liking wounds & that missing 10B$ i nValuations..

[Notgnu]

I am guessing with a 'notmuch' edumecated guess and my guess is that Castle is still selling. Their guy is gone; they (probably) are liquidating several other non core positions and tyhis is just a small one for them so it is probably just a semi-programatic dispersed dumping. We need a big buyer on the other side and so far the flounder isn't biting soooo? N

[patchh]

big buye  - thats not in the forecast....  --> until the CBOT clears their inventory - probably stuk w 2%n and a few quarters... that Virtu, is simply dumping stoksonto the market maker board below prevailing & the big Ca banks are snatching it up w their programmed trading...

[patchh]

between 14:00 and 14:45 hrs..  there is a dealer 2 dealers auction...  the stoks would come across my board in yellow stating around 09:30..  there was no price only implied auction...''the trades were then completed @ the MERK or CBOT in chicago... X-Chi-X is one of the columns on stosckwatch which traks this.. yesterday 185K were traded bak to the Virtu ITG Canada Board