Re: Save Canadian Mining Interview
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Mar 30, 2024 08:25AM
Achieved final critical milestones, completing a successful silicon pour
By the way, here is the pre-amble to the video
VIDEO: Terry Lynch Lays The Groundwork For Billion Dollar Class Action To Stop Naked Short Selling In Canada
Naked Short Selling has cost Canadian junior mining companies $40 Billion - and that number balloons to over $500 Billion when you include all Canadian small cap companies according to Terry Lynch.
Terry Lynch is the CEO of Power Nickel and the co-Founder of Save Canadian Mining the small cap stock advocacy group backed by industry giants such as Eric Sprott, Robert McEwen and others who have worked tirelessly and given generously over the last 4 years for the singular purpose of putting an end to the devastating practice of illegal short selling in Canadian small cap stocks.
BLACK FRIDAY
On Black Friday 2023, the team behind Terry grew even stronger with the addition of Wes Christian and David Wenger discussing the problem at greater depth, including new case law that opened the door to holding Broker-Dealers liable for failing to fulfill their "Gatekeeping Responsibilities".
Over 1,500 small cap participants were in attendance, further demonstrating the gravity of this potential existential threat.
GOOD FRIDAY
If the Black Friday webcast was the low point of frustration, anger and despair, today’s Good Friday video is the good news turnaround point because Terry and his team have not only discovered the shocking mechanism to facilitate the firehose of naked short selling - but along with it the specific actions required to stop it, including a mass grassroots publicity campaign culminating in a Billion Dollar class action lawsuit.
POLITICIANS WILL GET "WEEKS NOT MONTHS"
Save Canadian Mining plans to present this new and final evidence to the Doug Ford administration in order to give them the opportunity to act. But when asked how much time SCM will wait for concrete action Lynch responded “Weeks Not Months”.
Lynch added “I want Doug Ford to be the hero. But they have to wake up because we are not waiting”
THE BILLION DOLLAR CLASS ACTION LAWSUIT
In the meantime, the march towards the Billion Dollar class action lawsuit has begun and will not stop. Lynch wouldn’t provide the names of specific targets for strategic reasons but he discusses why just 10 companies will be needed to begin the class action (3 are already confirmed) and how companies can contact him to round out the slate.
THE PLAN TO MOBILIZE OVER 1,000 SMALL CAPS AND THEIR INVESTORS
While the class action ramps up, we have put together a plan to mobilize over 1,000 small cap companies and their investors with collateral that has already been drafted and only requires company specific personalization including:
> Letter To Shareholders
> Press Release
> Social Media posts for all platforms by companies AND shareholders
The goal? 100,000 posts
Thank you for taking the time to watch this video and please be sure to share it with your networks across all your social media platforms.