Once Again Anaconda Mining Is Unjustly Punished While Anaconda Mining reported great gold discoveries and Goldboro, and Gold Futures are rising dramatically today, it seems that the company can't get a break as their stock keeps going down.
That itself violates the "Law of Gold Stocks".
In other words, when Gold Futures goes up, gold stocks usually go up.
However, when Gold Futures goes up and discoveries are great, Anaconda Mining are being punished for no reason as their stock continues to go down, not up.
Time for Bay Street to put an indefinite moratorium on shortselling Anaconda Mining shares until the stock price is at least $2.00 a share.