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 > Seven Million Shorties

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Post by Robertis1 on Dec 09, 2021 3:46pm

Seven Million Shorties

Here's to looking forward to seeing those 7 million (as of November 30) short shares trying to cover as NCU sp turns North

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Comment by nofluff on Dec 09, 2021 4:13pm

I will explain one more time, how shorting works. Shorting is only done by large corps that have many affiliat corps. So corp a has affiliates b,c,d,e and f. So corp a shorts a stock down from 1.10 to .50. Average short sell .60. Affiliate corps pick away at less than .60 trying to accumulate double the parent corp short sell. The short sell even picks away at accumulation. Then one day they ...more

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Comment by Notgnu on Dec 09, 2021 4:21pm

True... and as a 'safety net' the shorts often sit with an accummulated warrant position to cash in and cover with, should the stock run away on them. N

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Nevada Copper Corp