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Bullboard - Stock Discussion Forum NorthWest Copper Corp V.NWST

Alternate Symbol(s):  NWCCF

NorthWest Copper Corp. is a copper-gold explorer and developer with a pipeline of projects in British Columbia. The Company's principal activity is the acquisition and exploration of mineral properties in Canada. Its Kwanika project is located in the prolific Quesnel Terrane, which hosts numerous porphyry copper-gold deposits such as Mount Milligan, New Afton, and Highland Valley. The Company... see more

TSXV:NWST - Post Discussion

NorthWest Copper Corp > ***** tax loss selling can rock bottom NWST to .15cents ****
View:
Post by pulcan on Dec 09, 2022 5:55am

***** tax loss selling can rock bottom NWST to .15cents ****

hi all,  Well this is the most uncomfortable post i have ever made and for those of you reading this be very cautious of your investment in Northwest Copper.  With all the months and timing in giving the share holders the drill results, the positive vibe on all the projects Northwest Copper has in 2022. I think its best we all look at this chart and understand we can see a rock bottom share price of .15cents before the end of the year.  TAX loss selling is here and with so much time to produce the drill results we wanted to see, the Kwanika/Stardust combo for a mine, Lorraine...East Niv results. We are running out of time and the big investors can pull the trigger and sell and take a loss. TAX loss selling on a stock like ours is a GEM for major investors who want that balance for tax season next year. We are a target and we can see .15 cents if Peter Bell and his team do not deliver all results and everything that was promoted from all presentations from 2021. So be very cautious of what you have in this stock.  The charts do not lie and you will see with our results as of late is not helping. I mentioned this before we need new investors and volume!!  We cannot just trade our own shares to each other and hope for the best. Time is running out and TAX loss selling advantages for those like POSCO DAEWOO could take a change of selling some shares or even some insiders!!  Right now we have become a golden nugget for those who want the balance a huge gains with outher stocks with a huge loss in our stock price from NWST. Sorry,  i hate to tell you this but these are the facts in what i see and i rather post this now so we watch what happens with the last 20 holes yet to come form Northwest Copper.  see below the charts from our 12 months and it is not looking good!  You would think with the GOLD price move going higher and the copper price now targeting $4 we would see some type of urgency from Northwest Copper to take advantage of being ahead on drill results and even the work on our resources upgrades?  Regardless we need to look at the market and what those investors are about to do for tax loss selling.  Keep a good watch on the stock today and everyday as we get closer to a target of .15cents. I hope i'm wrong in all this and we get results to push us higher but time is running out. Lets hope in January 2023 we get the rest of the results we need as i believe they will be late at the game in December.  

see below the charts......1 year

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see below another chart without the red and blue bollinger bands.....

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Comment by Kingsley on Dec 09, 2022 8:39am
Pelican, I think u are incorrect. Tax Loss selling began long ago. Expect the opposite of what you are expecting. 
Comment by jambon379 on Dec 09, 2022 12:29pm
Agree with u Kingsley. I love this time of year. Undervalued shares available on numerous different fronts.  I.e.  NWST, Cassiar,  Sitka Gold.  Gold on the move
Comment by cautious36 on Dec 09, 2022 12:35pm
Last year just before hole 217 was announced Northwest was trading around $0.50 i believe. It looked given the ngativity that it was on its way to $0.25. It clearly didn't and instead doubled in price. I suspect that with this much negativity we"ll soon see this happening again. 
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