Bank Manipulation and Destruction of Junior Miner ValuesSheeplesleepers, absolutely, I am convinced there is a lot of inside job maneuvering going on at these Canadian chartered banks.
Activity that, in effect, has the impact of naked shorting.
For example, recently learned from an associate, the Canadian Chartered bank sold the "entire" portfolio of one particular, tightly held, junior miner without their expressed client consent.
The bank's Compliance department looked into the situation and responded within a few hours, the investigation has ended. No resolution needed. Obviously, the "cover-up" within begins.
Clearly, an inside job of selling the clients' shares with the intent to expand the shorting activity of this particular mining issue where shorting activity for this issue has been steady.
However, those shares have disappeared from the client account who wants those shares back into their account.
Clearly some type of shenanigans is going on.
Perhaps a better route to a resolution could be the securities regulator or RCMP.
Therefore, it is clearly very believable what Eric Sprott and Terry Lynch have highlighted in regard to the detrimental naked shorting activity of the junior miner space.