Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: ECU/AUMN/Regulators-... to my world....

Below, is the last set of complaints I fired off to the IIROC regarding suspcious/fraudulent/manipulative trading practices in ECU, prior to the merger. In all, I believe I sent 12 separate formal complaints dating back from 2008-2011. What some of you are now seeing and commenting on with regards to AUMN has consistently existed for many years. Like the CFTC silver manipulation investigation, I think they are still working on it (sic).

Silverbull50

------------------------------------------------------------------------------

Sirs,

Would you please acknowledge receipt of my complaint regarding suspicious trading of ECU Silver Mining, Inc.?

Here is another example just retrieved from Stockwatch in which 4 separate firms place simultaneous orders to sell ECU at C$.84 @ 12:54pm.

Thank you,

T:ECU Market Book By Order 12:54:38

Bid

Ask

Spec

Time

Broker

ATS

Size

Price

Price

Size

ATS

Broker

Time

Spec

07-21 12:07

1

T

2,000

0.83

0.84

5,000

T

1

07-21 12:54

07-21 12:07

1

T

1,000

500

T

1

07-21 12:54

07-21 12:07

39

T

1,500

2,000

T

1

07-21 12:54

07-21 12:07

79

T

1,000

1,500

T

1

07-21 12:54

07-21 12:07

79

T

2,000

1,000

T

1

07-21 12:54

07-21 12:07

79

T

1,000

1,000

T

79

07-21 12:54

07-21 12:07

39

T

2,000

2,000

T

79

07-21 12:54

07-21 12:07

1

T

2,000

2,000

T

39

07-21 12:54

07-21 12:13

99

T

500

2,000

T

1

07-21 12:54

07-21 12:17

7

T

10,000

20,000

T

7

07-21 12:54

07-21 12:19

79

T

1,500

0.85

2,000

T

1

07-21 10:00


Sent: Monday, July 18, 2011 1:56 PM
To: 'inquiries@IIroc.ca'
Subject: Manipulative Trading of ECU Silver Mining, Inc.

Regulators,

Can you please explain to me how the following two examples of trading on July 13th and 14th do not violate Ontario and Quebec Securities Laws against manipulation?

Sincerely,

.... 13 new sell orders placed simultaneously at C$.92 @ 12:05 involving three different houses (Anon-1, CIBC-79, Jitney-99--of course, the usual suspects). All appeared right after the stock traded up to the day's high at C$.93.

http://www.stockwatch.com/Quote/Trades.aspx?what=brok&brokerid=99&symbol=ECU&region=C&d1=20110713&d2=20110713">99 Jitney

195,500

178,675

0.914

24,000

21,710

0.905

171,500

-156,965

T:ECU Market Book By Order 12:05:49

Bid

Ask

Spec

Time

Broker

ATS

Size

Price

Price

Size

ATS

Broker

Time

Spec

07-13 11:10

65

T

433

0.91

0.92

2,000

T

1

07-13 12:05

07-13 12:03

99

T

3,500

500

T

79

07-13 12:05

07-13 12:03

99

T

500

500

T

79

07-13 12:05

07-13 12:05

79

T

2,000

1,000

T

79

07-13 12:05

07-13 12:05

1

T

4,000

2,000

T

1

07-13 12:05

07-13 12:05

1

T

1,000

1,000

T

1

07-13 12:05

07-13 12:05

1

T

8,500

1,500

T

1

07-13 12:05

07-13 10:24

1

T

500

0.90

500

T

79

07-13 12:05

07-13 10:24

39

T

1,500

5,000

T

99

07-13 12:05

07-13 10:24

79

T

2,000

1,500

T

79

07-13 12:05

07-13 10:27

1

T

500

5,000

T

99

07-13 12:05

07-13 10:29

39

T

1,000

5,000

T

99

07-13 12:05

07-13 10:34

36

T

1,000

500

T

99

07-13 12:05

07-13 10:36

1

T

1,000

0.93

84,000

T

86

07-13 12:02

An entity using four separate houses (Anon/ML/CIBC/Jitney) to post a composite 53,000 share offer at exactly 13:55 EDT.

T:ECU Market Book By Order 13:57:02

Bid

Ask

Spec

Time

Broker

ATS

Size

Price

Price

Size

ATS

Broker

Time

Spec

07-14 09:41

85

T

1,500

0.88

0.89

4,500

T

1

07-14 13:55

07-14 11:13

19

T

1,500

35,000

T

1

07-14 13:55

07-14 11:26

99

T

500

2,000

T

1

07-14 13:55

07-14 12:18

1

T

1,000

1,500

T

1

07-14 13:55

07-14 12:50

7

T

10,000

2,000

T

39

07-14 13:55

07-14 13:24

123

T

500

1,000

T

39

07-14 13:55

07-14 13:49

123

T

500

2,000

T

79

07-14 13:55

07-14 13:54

1

T

1,000

1,000

T

79

07-14 13:55

07-14 13:55

79

T

500

1,000

T

1

07-14 13:55

07-14 13:55

1

T

1,500

500

T

79

07-14 13:55

07-14 13:55

99

T

4,000

4,000

T

99

07-14 13:55

Share
New Message
Please login to post a reply