Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: whats happening

whats happening

posted on Jun 19, 2008 07:12AM

With the amount of shares we have seen sold over the past year driving down the price and the continued selling keeping the price down..this has to be naked short selling! or someone continues to loose money on these shares. Its been a long time since you could pick up shares bellow .70 cents yet we continue to see large amounts sold below .70 cents. Why is it when someone wants to buys a large amount of shares there is always someone willing to sell a large amount to match it which keeps the price from going up? I'm talking about 50,000 - 100,000 shares or more in a day. We dont see 100,000 shares on the ask at .68 cents yet someone can pick away at the ask and it just keeps refreshing with a new amount...and not just .68 cents but .70 and so on.......

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