PDAC 2024: Junior miners see short-selling ‘epidemic’ MARCH 5, 2024
Junior miners at this week’s Prospectors and Developers Association of Canada (PDAC) convention say recently proposed new rules about short-selling could help stem the bleeding in their stocks, which are especially vulnerable to the practice.
The January proposal by a Canadian regulator would apply to “hard-to-borrow” stocks like junior miners. Before shorting such securities, traders would be required to confirm there is stock available to borrow or the short sale would be prohibited.Link to complete article