“When Paulson bought nearly 6 million shares of NovaCopper in the second quarter of 2014, the company’s stock price was $2.13. However, the stock price fell below $1 in recent years, and NovaCopper is trading at 50 cents. There are many reasons for the sharp decline in NovaCopper’s stock price, but the main reason lies in declining copper prices.”  Read the full article here: Paulson & Co. Loses Money on NovaCopper and Copper Prices Decline