Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Metals & Mining Copper

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

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Nevada Copper Corp > WTF

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Post by raybay_98 on Nov 10, 2021 7:10pm

WTF

They just consolidated the company, then they issue 100+ MILLION SHARES at rock bottom prices. The problem here is the management. WTF.

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Comment by Notgnu on Nov 10, 2021 7:13pm

It's low but 'rock bottom' was 50 cents about 5 weeks ago.

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Comment by patchh on Nov 10, 2021 7:22pm

the syndicate sets the price = based on asset ? if this is the case they will set a reserve price headed into the overnite auction.. these stoks are first and formost ONLY sold to dealers w/n the Syndication.. the overallotment will also B sold in the auction.. this is a Dealers Auction.. only the big Ca banks are allowed to buy first round... I buy these syndicate instruments from ...more

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Comment by goldanalyst on Nov 10, 2021 7:58pm

Consolidation doesn't change the fact that they're broke. Consolidating then financing should allow the SP to move provided they can become profitable. Not guaranteed. Still not out of the woods.

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Nevada Copper Corp