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Hawkeye Gold and Diamond Inc V.HAWK

Alternate Symbol(s):  HWKDF

Hawkeye Gold & Diamond Inc. is a junior mineral exploration and development company. The Company is engaged in the exploration for and the development of natural resources in Canada. Its projects include Bonanza, 2-Aces, Keithley Creek, Cariboo Valley, Seller Creek, Swift River, Bonanza Lake and Cariboo Lake. The Company owns over four 2% royalty interests which are subject to buy-down provisions on the Railway, McBride, Boomerang and Todagin properties located in the Golden Triangle of northwest British Colum (BC). The Bonanza property is located on the northern end of Vancouver Island, British Columbia, Canada, and is situated approximately 110 kilometers (km) northwest of Campbell River and 69 km southeast of Port Hardy. The 2-Aces property is situated approximately 32 km southeast of the Town of Barkerville, British Columbia, Canada. It owns interest in the 3,599-hectare Keithley Creek property situated approximately 30 km south of the Town of Barkerville, BC, Canada.


TSXV:HAWK - Post by User

Comment by jimrockfordon Nov 17, 2016 5:39pm
38 Views
Post# 25477794

RE:RE:RE:RE:The SP is flat at 19 cents on 194k, junior...

RE:RE:RE:RE:The SP is flat at 19 cents on 194k, junior...Follow the bouncing ball, sir...As there was no stock in the Frankfurt Exchange system, for every share bought by an investor, the Frankfurt MarketMaker had to go short that share in order to provide it to the investor...The MarkeMaker then comes over to the Venture Exchange in order to buy that share back - and thus cover his short position.

Re the above, you can therefore see it is advantageous (and profitable) for the FrankFurt MarketMaker to sell shares (short) in Frankfurt at a higher price - and then try to cover (his short) on the Venture Exchange at a lower price...Thus we have been seeing the Frankfurt MarketMaker box the Venture market low in order to buy cheap shares...Any other buying that brings the SP up - and he's in real trouble...Right now he has to be concerned, as he is quite short and not much is on the offer (except probably him at 19 in order to make it heavy).

I waive the tuition fees you owe me on this one, FatDude...Enjoy your dinner.


Jim



 
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