RE: Who is buying all these shares?????? The deal now is they have 1 mil ounces valued at $1,000.00 an ounce. If a local miner can pick them up for .60c that might spur speculators to pick up cheap shares on a buy out. Maybe , but all the paperwork needs to be finalized. This complete misrepresentation will influence other stocks trading in their universe like ROG. Investors will get scared that you can't trust anyone after the show that Canaco put on and upstarts like ROG will be lose all it's upward momentum.
Not sure how many shares were shorted but you can bet they are buying a whack today.