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Guyana Goldstrike Inc V.GYA

Guyana Goldstrike Inc. is a Canadian exploration company focused on acquiring, exploring and developing mineral resource properties. The Company, through a letter of intent (LOI) with Jupiter Electric Metals Inc., is focused on acquiring the Jupiter Copper Project.


TSXV:GYA - Post by User

Comment by metals2019on Jul 20, 2020 11:25am
95 Views
Post# 31290621

RE:RE:RE:RE:RE:RE:RE:Do the Math

RE:RE:RE:RE:RE:RE:RE:Do the Math"Do you own DD don't listen to any the Bull on the Bullboards" I couldn't agree more.

IIROC reports the current Consolidated Short Positions here: 
https://www.iiroc.ca/industry/marketmonitoringanalysis/Pages/consolidated-short-position-report.aspx

From the current report, Guyana Goldstrike Inc GYA, has total shorts of 4,862 shares out of a total of 58.45 million shares outstanding: Ticker: GYA. Currently $0.06, at 
https://www.bloomberg.com/quote/GYA:CN

So approximately, 4,682 / 58,450,000 (approx) = 0.00008318%. Even if it were that the shorts were active they would realise a maximum profit, before brokerage and expenses and the cost of the loan stock, of $291.72. (That's assuming the stock went to zero!). "Short Mafia?" I doubt it.

As for Metalstream, Canamex Gold Corp CSQ, Guyana Goldstrike GYA and Altamira Gold Corp ALTA, all seem to be tied up with this company. twentyfourcarat seems to know a lot about it and has mentioned Sonata Capital, Enegra and Blockchain Labs as backers of  Metalstream. A quick review of the websites shows all the same people and all companies are located in a place called Labuan, which is shown on the Metalstream website. Here's what I found on Labuan: https://www.oxfam.org/en/press-releases/notorious-tax-havens-be-let-hook-eus-blacklist-review

According to twentfourcarat's post, Sonata Capital is a $4.5B fund and all the others are valued in the B's too.

So why billion dollar companies and funds interested in junior miners with market caps in the sub $5M? 
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