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Quinto Resources Inc V.QIT.H

Quinto Resources Inc. is a Canada-based gold exploration company. The Company owns a 5% interest in the Monster Lake property in Quebec, Canada, where a bonanza hole grading 237.6 g/t Au over 5.7 meters was drilled, as well several other high-grade gold drill holes. The Monster Lake property consists of approximately 114 mineral claims covering an area of approximately 3,336 hectares. It lies approximately 44 kilometers southwest of the town of Chibougamau in northwestern Quebec. The property is accessible by road and a high-voltage transmission line crosses the area nearby.


TSXV:QIT.H - Post by User

Bullboard Posts
Comment by RobertPageon Mar 28, 2013 7:39am
102 Views
Post# 21178919

RE: QIT is a pump & dump in action

RE: QIT is a pump & dump in action

DazeTrad3r

Quinto's outstanding shares issued not in the free float

3,000,000 escrowed shares of Qunito's directors

1,000,000 shares in the hands of TomaGold

1,650,000 shares frozen until May 1st ( last private placement held partly by insiders)

___________

5,650,000 shares

10,850,000 is the total number of shares issued by Quinto's treasury

deduct 5,650,000 shares , you end up with 5,200,000 shares

add 200,000 broker's warrants from initial IPO that were exercised

the final number of the free float is 5,400,000 shares

IF A PUMP AND DUMP OPERATION WAS BEFORE US , I REALLY THINK THE 

PRICE WOULD BE OVER $3 AND PROBABLY HIGHER THAN THAT ALREADY

PUMP AND DUMP OCCURS MOST OF THE TIME IN STOCKS WITH HUGE FLOAT

THEN THE MANIPULATORS ARE DIFFICULT TO CATCH BECAUSE LARGE NUMBER OF SHARES

LARGE NUMBER OF TRADES

THE REGULATORS ARE WELL EQUIPPED THESE DAYS

SO QUINTO'S SHARE PRICE IS AT 65 CENTS BECAUSE OF WHAT ?

HAVE YOU SEEN TOMAGOLD'S RESULTS ?

QUINTO'S LAST PRIVATE PLACEMENT WAS DONE AT 15 CENTS LAST DECEMBER

SO WOW !  BIG PUMP AND DUMP !  

DONT YOU THINK TOMAGOLD'S RESULTS MAY EXPLAIN THE RECENT MOVE OF THE STOCK ?

DazeTrad3r you've demonstrated your limited knowledge

Don't write anymore stuff like this. If there is an investivation, they will uncovered your name

and you will look like an idiot.

 

 

Bullboard Posts