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North Country Gold Corp V.NCG



TSXV:NCG - Post by User

Comment by galleygirlon Nov 23, 2012 9:54pm
310 Views
Post# 20638660

RE: RE: RE: Things looking up?

RE: RE: RE: Things looking up?

Possibly you misread or misunderstood my post.

 

I have no argument with the Company or its fundamentals...but I would certainly observe, and the facts will reveal, that Canaccord have played fast and loose with this stock and used it as a cash cow through their underwriting fees, options and compelling market machinations.

 

My pointed reference was to Canaccord's recent newsletter which you posted, and which contained the following...''investors are beginning to revisit NCG''..and..''NCG shares appear poised for continued market attention''.

No pumping you say....well the above references are a little more than subtle....they're attention getters. They'd probably be in the totally innocuous ''who cares'' category if it weren't for a tiny fact.

I won't repeat all the trading stats of my previous post...which are a little more compelling than your 'playing with the stock' reference....but ...and a big BUT...since that market letter was posted by you the stock has traded some 3.5 million shares and dropped 25% of its value. Canaccord and their alter ego #1 have ironically been the sellers on over 1.8 million of those shares...which is in keeping with their historic efforts.

 

Quite apparent that while Canaccords own market letter suggests 'investors revisiting & poised for continued market attention'...which sounds somewhat positive and reassuring.....our heroes have conversely continued to dump this on the unsuspecting like radioactive waste .

That seems more than a perverse coincidence to me...I'm not asking you to agree....but the numbers don't lie. As long as the 33/1 duo continue to sandbag the stock the ''fundamentals'' are somewhat irrelevant.

 

 

  

 

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