Go check out Neighbourly pharmacy's chart over the last year and share price. Look at what just happened to them early this week. They just got bought out by the main financier owning already 50% of the shares with a 69% premium on the closing price (all time lows)…
Not to instate fear or negativity, it's simply showing a scaringly possible outcome with Nevada Copper based on how the SP has been behaving and how both these companies (NCU.TO and NBLY.TO have one large investor with at least 50% ownership, with almost the same “Insider ownership” @ 0.3%
The share spread between these two companies is so similar, it's scary. Combine Solway and Mercuria and they would make up the 21 % (Institution portion of the spread).
My point in sharing this is that if the same fate holds for Nevada Copper, then I am extremely jealous of all the new people who just bought in, clearly, you’re a lot smarter than I am because I started 2 years ago.
All the best, and happy Thanks Giving weekend to the Canadian folks
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