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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 > New article about pumpkin hollow

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Post by GigaMetals69 on Sep 02, 2024 7:23am

New article about pumpkin hollow

Found this article which details all the specs on pumpkin hollow. I noticed that back in 2011 the share price was at or around $60.00 per share. Why such a difference from 2011 thru the last breathing seconds of the stock in 2024 at 1 cent? Shouldn't that $60.00 share price in 2011 show pumpkin hollows true value? For some to say shareholders "might" receive a penny or two per share seems ridiculous to me. Pumpkin hollow is still one of the bigger permitted mines located in the USA. I hope there is a bidding war for it.

Question. FILO Corp was bought out at $33 per share. What was the share price prior to the buyout?

https://www.mining-technology.com/projects/pumpkin-hollow/

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Comment by rickwayne1982 on Sep 02, 2024 10:05am

Hello, thanks for the share of updated article. In 2011 there were 80 million shares (before 10:1 stock split in September 2021). Shares were trading at around $6.00 CAD giving a marketcap of $480,000,000. After stock split (any data will show the shares reduced by 10 X and the share price increased by 10 X. The market cap remains the same. You are correct that back in 2011, the MC was $480,000 ...more

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Nevada Copper Corp