Sixty North Gold Mining Ltd C.SXTY

cbc coverage

[adroitness]

https://www-cbc-ca.cdn.ampproject.org/c/s/www.cbc.ca/amp/1.5974186

[LionWhisperer]

This post has been removed in accordance with Community Policy

[adroitness]

You're welcome.  They are also starting European IR now.

[givemeabreak1]

Droits never posted facts ask him who the CBC geologist is?  Based on what he posted there isn't one the geologist he is talking about is the CEO and owner of the property.  Ask him why the article he posted says advertisement lol!

[Coinfan]

Mon Mine, 40 km north of Yellowknife, set to produce gold once again | CBC News looks good

[adroitness]

You can tell it is gearing up for a run.

[LionWhisperer]

This post has been removed in accordance with Community Policy

[adroitness]

Huge bid 6.5 and $400 on the offer.  Only $2300 traded so far.  The selling has dried up and promotion lined up and according to the cbc story, they are ready to go just waiting for paperwork.

[blackgold14]

The CBC story had zero impact probably because the article was sparse on details - the huge omission was failing to mention that the company was public and the trading symbol.  I think the stock has gotten a little ahead of itself in the last few weeks.  If you look at the three year chart, we should see it decline again based on past history.  A pullback to 5.5 - 6 cents may come

[adroitness]

I don't think the news is allowed to promote a symbol. The reason for the pullbacks is insiders kept issuing stock, warrants and options at five cents when it was trading higher. You could sell at ten and get a five cent placement with a warrant.  I complained to the company, but they had thirty day price protection to oversubscribe the earlier financing. Also rumours a big fund got out

[adroitness]

To me it looks like a fund is trying to buy at seven.  I bet if you put an offer at seven it would fill right away. They can program the computer to show a random amount for sale under 15,000 shares, but if a real order to sell comes in to buy it. I tested it at six and sold 120,000 shares in ten seconds even though I was second in line to sell and the first order had been sitting there all

[blackgold14]

All the volume today and yesterday was retail - discount brokerage houses - see CNSX.ca for breakdown of trading by house.  The bigger question is who as been selling constantly ... Anonymous has dumped TENS OF MILLIONS of shares in the last year. Who exactly is behind Anonymous ?

[adroitness]

They may be doing one last discounted financing to people who can sell and buy back the pp.  They've raised money endlessly at five cents.