Bullboard - Stock Discussion Forum Gen III Oil Corporation V.PGK

"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products... see more

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Gen III Oil Corporation > Canaccord's insane trading

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Post by AuntiePenny on Mar 26, 2014 5:10pm

Canaccord's insane trading

Canaccord buys @ .035 then turns around and sells @ .03. This is typical of their trading in PGK. ?? Also, CIBC has sold several millions more than I ever saw them buy over the past 3 years and yet their sales never show up as insider trading. ?? I'm still concerned that PGK never came through with the Imwauna 43-101 they promised 2 years ago. I don't KNOW that there is anything untoward going on here but it would help if mgmnt would clarify exactly what they know about Imwauna and explain why they never came through with the 43-101. I was told by mgmnt 2 years ago that it was because "43-101's cost money". That was before they spent millions more drilling Imwauna. Why is it that Imwauna is worth millions assessing through drilling but not worth 100k assessing through a 43-101?

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