Jeff Clevenger needs to contact the major institutional shareholders like Sentient Group, Sprott, Van Eck, and others and make sure they understand the dynamics mentioned below and how these mechanisms specifically, are crushing the share price. I have calls/emails into the company.

Any institution, recognizing the fact that this pressure has little to do with fundamentals of gold, silver, or the company, could counteract this illicit, non-fundamental pressure by placing large bids at the current price in an effort to protect their already-large position.

Silverbull50

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TGR: How does this create a structural inefficiency in the junior resource market?

JK: The current setup makes it possible for traders to strip out money flowing into the system without contributing any offsetting value. The rationale for accommodating algo and human prop trading is that this creates liquidity. Perversely, some of these trading systems even pay for these day trading orders while penalizing real investors putting on longer-term positions based on fundamentals. The trouble for the resource juniors is that the day traders are not interested in project fundamentals; they are focused only on volatility and capital flows. By being able to sell short stock without tagging it as such they can intercept money moving into the stock from fundamental investors. Obviously to profit they need to unwind the short position. This is just a matter of waiting for the inflow of new money to end, and then pounding the bid side of the order books with further short sale orders until the failed rally triggers a cascade of selling by despairing long shareholders, which allows the day trader's short positions to be covered the same day.

When fundamental speculators, that is, people who are betting on the fundamental outcome of whatever the company is trying to do, have to compete against such traders, the fundamental speculators disappear. This makes it difficult for the resource juniors to establish a higher trading price in response to positive fundamental developments and fund further work at those higher prices. Allowing these supposed liquidity creators into the system has actually caused liquidity to evaporate.