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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 > Someone explain...
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Post by KentWilkens on Nov 11, 2021 7:01pm

Someone explain...

if share price is at $1, they nearly double the float at a discount to .77, the Market immediately recognizes the reality, that the value of the company is now .77 per share and adjusts accordingly, so why do they do it? It happens every single time. The new shares do not end up at a discount, it just pulls the market price to what they paid for it. If the company, and the new shareholders just did the pp at market, it would show the companies confidence in the value, and the new shareholders as well. By doing the instant deep discount they undermine confidence, disrespect the shareholders.
Comment by mckayk3 on Nov 11, 2021 7:09pm
They offer a discount because if people wanted to buy the company they would just pay the current price.  The discount is used to attract buyers who wouldn't otherwise be attracted.
Comment by westcoast1000 on Nov 11, 2021 7:11pm
KW, I agree with you. On the other hand, the available information discussed on this board a few days back shows Pala's share price at that time, over all their purchases for which there is public information is something between $4 and $5, probably near $4.  I and many here are in this investment at a share price well below half that. So they feel they are owed. Rather than buying at ...more  
Comment by Fishbillion on Nov 11, 2021 7:14pm
This post has been removed in accordance with Community Policy
Comment by lumpy13 on Nov 11, 2021 10:00pm
Fish:  Debt?  Do you even understand the difference between debt and equity?  Your answer indicates you don't. 1.  The PP (and all the equity) is not unsecured debt.  The equity stands behind the unsecured debt. 2.  If you have unsecured debt, your entitled to that amount (plus interest) in repayment.  Nothing more. 3.  If you have equity you can realize ...more  
Comment by Fishbillion on Nov 11, 2021 10:15pm
This post has been removed in accordance with Community Policy
Comment by Fishbillion on Nov 11, 2021 10:20pm
This post has been removed in accordance with Community Policy
Comment by JoeStockIQ on Nov 11, 2021 10:35pm
So Fish, here's the question: After digesting everything to date, other than day trading is there an entry point that makes sense for anyone to get in here? And if so, when and why?
Comment by Fishbillion on Nov 11, 2021 10:46pm
This post has been removed in accordance with Community Policy
Comment by patchh on Nov 12, 2021 12:07am
wts are Explicidly Dangerous and must B sold/buys every which way but sunday as they head into maturity.. the first deraviitive is volatility of the stok v/s a stable npn growth industry for comparison..  NCI uses Schoales for their ASM..  in this case NCI Has ruled the jan wts worthless and the dervitive stoks placed bak on the books as an asset... otw - NCI will engage in legacy ...more  
Comment by patchh on Nov 11, 2021 11:56pm
ride the warrants.. this is from the AFS - page 19 The fair value of the warrants was $405 at September 30, 2021 based on a closing price of CAD$0.01. The change in the fair value of the warrants for the nine months ended September 30, 2021 of $5,054 was recorded as a derivative fair value gain in the Statement of Operations and Comprehensive Loss. i do not know this ::: the Derivative Fair ...more  
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