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Falcon Energy Materials PLC V.FLCN

Alternate Symbol(s):  SRGMF

SRG Mining Inc. is a Canada-based mining company focused on developing the Lola Graphite Project located in the Republic of Guinea, West Africa. The Company focuses on developing a fully integrated source of battery anode material to supply the European and North American lithium-ion and fuel cell markets. The Lola Graphite Project is located approximately 1,000 kilometers South-East of Conakry, the capital of the Republic of Guinea. The mining permit covers an area of approximately 94.38 square kilometers. The Lola Graphite Project deposit is present at surface over 8.7 kilometers strike length and is an average of 370 meters wide. The Company's mining properties are located in the Republic of Guinea (Guinea), Africa. The Company’s subsidiaries include Sama Resources Guinee SARL, SRG Graphite International Inc., SRG Liberia Inc., and SRG Lithium Inc.


TSXV:FLCN - Post by User

Bullboard Posts
Comment by Trend_T_Traderon May 11, 2012 12:35pm
152 Views
Post# 19899764

RE: Short position up for SRG @Apr.30

RE: Short position up for SRG @Apr.30

Only a complete moron would be net short a penny stock with so little trading volume and no major run-up in price. 

In all likelihood, any shorts have balancing long positions locked-up which they're hedging against.  Private placement holders that cannot sell yet, or are waiting for warrants to convert, for example.

SRG continues to look great from a technical and logical perspective.

 

Bullboard Posts

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