Post by
JayGriff on Nov 13, 2023 5:14pm
52 million share increase, continued...
This is about a 4% increase to the OS from 2 weeks ago and 16.4% increase to the public ownership. I went down the OS history for last 12 years with Nevada Copper and haven't seen such a drastic increase like this without an offering.
I checked out other issuers to see if this is a common occurrence... nada
However, you can check out Ero Copper's news release from today.They explain to their shareholders that the OS will increase approximately 8.5 million (9% increase from current OS due to.an offering).
To date no reply from IR about this increase with Nevada Copper... like the shares haven't been diluted enough... and top it, no explanation...
Comment by
patchh on Nov 13, 2023 10:20pm
this is wild.. adding shares w/o registration.. last guess is there is a local shadow company holding allocated but un-issued ? this payla is the king of shadows ? they hav been dealing like this for many months and hav nasty dogs in the wings looking to take a chunk on a heel