Regulators to take steps against short selling
Regulators to take steps against short sellingCanada is making changes to curb the practice of predatory short selling, a thorn in the side of junior mining companies Canada is making changes to curb the practice of predatory short selling, a thorn in the side of junior mining companies By Kelsey Rolfe April 23, 2021
Jaguar Mining found itself the target of a short selling campaign following unscheduled mill repairs at its Turmalina gold mine in Brazil. Courtesy of Jaguar Mining
In the wake of growing concern from public companies, Canadian regulators have turned their attention to tightening the rules that govern short selling.
Short sellers targeting Canadian miners
Stock image.
At the end of January, when silver prices and silver mining stocks took off, it was speculated that some of the same Wall Street Bets investors who drove GameStop (NYSE:GME) stock through the roof were also turning silver into a “meme stock.”
It was a nice bump for British Columbia silver miners like Pan American Silver (TSX:PAAS), First Majestic Silver (TSX:FR), and precious metals streamer Wheaton Precious Metals (TSX:WPM). All three had three straight days of rising stock prices, from January 28 to February 1. First Majestic had a whopping 23% increase on February 1.
Chilean Metals Inc. Increases Investor Communication and Share Distribution.
Chilean Metals Inc is pleased to announce two initiatives to broaden awareness for the company in the investment community. It has begun trading on the OTCBB under the symbol CMETF and launched a “CEO Verified” Discussion Forum on AGORACOM. The forum will serve as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environmentThe …
Commences Trading on OTCBB- CMETF
Launches AGORACOM Online Marketing And “CEO Verified” Discussion Forum As Primary Investor Social Media Discussion Platform
Chilean Metals Inc (TSXV:CMX) (the “Company”) is pleased to announce two initiatives to broaden awareness for the company in the investment community. It has begun trading on the OTCBB under the symbol CMETF and launched a “CEO Verified” Discussion Forum on AGORACOM. The forum will serve as the Company’s primary soci