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Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.


ASX:NCM - Post by User

Comment by Smittleon Dec 21, 2020 8:31am
149 Views
Post# 32151240

RE:5 million dollar Bounty for abusive short selling

RE:5 million dollar Bounty for abusive short selling
goldenrule wrote: I thought everyone would be interested in this,everyone except the shorters of coarse. I am tech chalenged and unable to post this write up perhaps one of you younger guys can post it evrywhere you can and get the word out.Look up a writeup buy Agoracom dec 17th .we should not paint all shorters with the same brush,as there is a legal and ethical way o do it.But this Bounty is aimed at abusive short selling,which is very damaging to everyone and companies trying to make an honest living.



 

VIDEO - OSC and IIROC $5,000,000 Bounty On Predatory Small Cap Short-Sellers Stems From Intense Lobbying Efforts Of Terry Lynch and "SCM"

posted on Dec 17, 2020 05:28PM
]
On October 1st, the Ontario Securities Commission (OSC) and Investment Industry Regulatory Organization of Canada  (IIROC) issued this press release in which they stated:
 
"As outlined in joint whistleblower guidance published today, the OSC and IIROC have reason to believe that certain market participants may be engaged in abusive short selling practices."
 
and then announced this MASSIVE BOUNTY on predatory short sellers:
 
"Those who provide information to the OSC Whistleblower Program may be eligible for awards of up to $5 million for tips that lead to an OSC enforcement action."
 
What effect has this had on the smallcap markets?  Let's look at the TSX Venture Index
On behalf of all small cap issuers, investors and service providers, we're grateful to the OSC and IIROC for stepping up and putting their foot down.
 
However, none of this would have happened if it were not for the efforts of "Save Canadian Mining", the lobbyist/advocacy group founded by Terry Lynch and backed by industry giants such as Eric Sprott, Keith Neumayer, Robert McEwen and others who wrote the cheques necessary to hire the experts and analysts to help SCM make their case.
 
As such, if your Canadian small cap stock or stocks have appreciated nicely over the past 2 1/2 months without being hit by predatory short seller attacks, we should all be thanking SCM for their relentless and tireless work.
 
To this end, we were happy to interview Terry Lynch to find out if this 8 year nightmare is over, how much damage has been caused since 2012 and what final steps they are hoping to achieve with the Ontario Provincial Government, OSC, IIROC and CSA over the next 60 days to finally put an end to THIS.

https://agoracom.com/ir/agoracom/forums/discussion/topics/751309-video-osc-and-iiroc-5-000-000-bounty-on-predatory-small-cap-short-sellers-stems-from-intense-lobbying-efforts-of-terry-lynch-and-scm/messages/2293458

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