Replies to post #23 on NovaCopper (NCQ)

[Belek]

Paulson & Co Boosts NovaCopper & Cobalt International Energy Stakes

Posted: 12 Aug 2014 11:13 AM PDT
John Paulson's hedge fund firm Paulson & Co has filed two 13G's with the SEC.

NovaCopper (NCQ)

First, Paulson's amended 13G on Novacopper (NCQ) indicates that they now own 18.3% of the company with over 11.5 million shares.

This marks an increase of over 5.59 million shares since the end of the first quarter. The filing was made due to activity on July 31st.

Per Google Finance, Novacopper is "a base metals exploration company. The Company is engaged in the exploration and development of mineral properties, including the Arctic and Bornite Projects located in Northwest Alaska in the United States of America. Its exploration activities are focused on two deposits in the Ambler district: the Arctic VMS deposit and the Bornite carbonate replacement deposit."