MARCH 5, 2024
Junior miners at this week’s Prospectors and Developers Association of Canada (PDAC) convention say recently proposed new rules about short-selling could help stem the bleeding in their stocks, which are especially vulnerable to the practice.
The January proposal by a Canadian regulator would apply to “hard-to-borrow” stocks like junior miners. Before shorting such securities, traders would be required to confirm there is stock available to borrow or the short sale would be prohibited. Link to complete article