Nevada Copper Corp NEVDQ

Confused

[mckayk3]

With the new dilution of up to 950M shares, I fully expected we'd nose dive down 2/3rds to $0.07/share.  Is that still on the table or am I missing something?

[Stb888]

Dilution is already factored in the share price we see today.  Some people more clever than me saw it coming (I myself didn't think it would come that fast and with that amplitude). I am heavily invested in NCU with an average price of 0.68, thanks to some recent purchase that brought my average price down. I sure don't hope it goes down to 7 cents !! The good news is that as I said

[mckayk3]

Thanks, I suppose you're right since we aren't nosediving when we could easily had.

[nofluff]

This gives the real financiers of the mine shares at about .60 .70 cad. The debt to equity ratio is now compliant. The corp is now essentially private. They understand the geology much better now. My goal is to be in at about .50 in a few days. So under water for sure. On ramp up, earnings should b about 100 million per year. Low debt should give us times 15 for 1.5 billion mc. That is 1.00

[TomsStockHut]

Is 0.60-0.70 "happy guessing"? Not sure but think pala must be around 1,20 now? Btw, the situation requires all-in from us bagholders. Thats why I need far more beef regarding operational progress rather than RPs' planning statements which where nothing new. So lets see what happens on the 5th and weather they just take an even bigger steak cause SP got crushed before. Tom

[RoyKerr]

we have no way of making projections wrt more financing, so it really is guessing. Is this package enough? who the f knows, which makes it gambling. God hates gambling. If I was still invested, idk what I would do right now, as it could be the bottom if no more financing is NOT needed. otoh, Another 50-70M may be needed. My guess is that it will be as management wanted a 'big' financing

[mckayk3]

So worth case a 1.5B valuation over 3B shares, works to be $0.50/share so it seems.

[nofluff]

I thought my valuation was about average case. Best case would be 1.3 billion shares and 10.00 copper for a 5.00 sp. nf