Gold Canyon Resources Inc V.GCU

Bob Moriarty again on GCU

[Fischlaender]

I have to say I do not know why he argues with 5 million Oz Au plus silver because the PEA is based on less than 50% than the 5 million, but anything that helps in absorbing Pinetree's and Sprott's relentless selling will help wwith the turnaround of the price.


https://www.321gold.com/editorials/moriarty/moriarty010915.html

Taking a Run at Gold Canyon

Bob Moriarty
Archives
Jan 9, 2015

[woundedknee]

That doesn't bother me at all. What I would take from this is to buy as much as you can at these prices. jmo

[perky38]

i like Moriarty, but he is a pumper, he has steered me wrong and others.. Good Luck

[woundedknee]

No one is right 100% of the time. One thing he says that I'm sure most of us can agree on..it looks like someone is taking a run at GCU.  gl

[Iskyhigh]

Since Bob wants to play reporter, he should also verify his story. He could have called Sprott before releasive his latest missive. He's coming across as desparate to me. Not much different than some of the posters on this site.

[Schill]

From what I know, reporting insider trades is not voluntary and the timespan is not three days, but must be reported within 14 working days on Sedar, is it?

[woundedknee]

From what it says in "The Canadian Insider" you have five days to report an insider trade. There are a few exceptions such as a stock option plan or buy-backs. You have ten days to file a report stating you are an insider. One definition is.....You become an insider when you can show you own 10% of company shares. 

[Schill]

So it's b.llocks what Moriarty wrote. Now if someone doesn't even get these simple facts straight, how could someone be trusted what he writes about stocks?

[moonshot5]

Wouldn't it be easy to get around reporting rules with different entities? For instance, a dozen subsidiary companies of a large parent company buying up quantities of shares? Unlike Moriarty though, I do not conclude someone is making a run at this company. There are a lot of companies that have had huge volume recently, such as CCJ, and MGP.

[GBB2015]

This post has been removed in accordance with Community Policy

[Iskyhigh]

Most likely noone ever gets a fine unless there is a complaint submitted. Very few complaints, very few fines. An action I found online, was this https://www.lautorite.qc.ca/en/press-releases-2014-corpo.html_2014_jonathan-awde-fined17-09-2014-00-0.html $37k in penalties. I was trying to find a total for the fines levied lately. Anyways, nice to see gold trying to breakout, and GCU above what

[Schill]

I find it hard to believe there was no Canadian law regulating the disclosure of insider or substantial shareholder trades and that it was depending on the stock exchange only.