RE: a wise word about SH yak on GEMThe short volume at the end of December was 929,000 shares up by 298,339 - when the results come in for January we will see if there we people shorting the stocks like "Sprott".
Link to short summary:
https://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=ShortSummary&SECURITY_ID=204585&MARKET_ID=CDNX&SEC_SYM_SID=2&HC_FLAG1=Y&HC_FLAG1=Y
Last 4 short summaires:
2006/11/15 short volume 400 down by 390,100
2006/11/30 short volume 351,000 up by 350,600
2006/12/15 short volume 630,661 up by 279,661
2006/12/31 short volume 929,000 up by 298,229
Usually we see results on the 15th and last day of the month. The short balance for January 15th is not in yet but should be in soon.
The reason I mentioned Sprott is because of Jean-François Tardif comments on January 2nd and 12th for GEM.
"PELE MOUNTAIN (CVE:GEM): we were lucky to be invested..paid 27-30 cents..uranium exploration company, goes into a basket of different uranium stocks..we own more than a dozen..maybe even twenty..some early exploration, some resources in ground..involves a lot of risk..after big run wait to buy..hard call short-term..I tend to wait for some correction before buying stocks I like"
"PELE MOUNTAIN RESOURCES (CVE:GEM): early uranium..we bought at private placement, very happy..goes to a basket because early exploration but not something I would buy here because of run..500% this year"