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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by diabase1on Sep 23, 2014 4:46pm
120 Views
Post# 22963679

RE:WTF just happened?

RE:WTF just happened?Tuesday, Sept 23; London took gold from 1217 to 1233 and then the COMEX took over (probably shorted it) from 1233 to where it is now, 1224. Kind of an interesting pattern eh!! On another note: the volume on Friday was 800,000 Monday, it was 500,000 Tuesday, it's 721,000. We haven't seen this kind of volume since early May. I have a hunch, perhaps GCU is going to announce that they are not going to build an 'exploration trail' now, but will build a road instead, to the Springpole gold project. Their last news release was on May 7, when they announced their Category C Class Environmental Assessment for their' exploration trail'!!!! At that time, approx 6M shares were sold (dumped) in 3 days. Check the last 5 day chart!! How could the TMX, in their trading wizardry, allow such a 'spread' in their positions. Yesterday, Sept 22 At 14:04:10,the price was 0.20. At 15:59:41, the price was 0.185. At 15:59:49, the price was 0.125. Or was it a TMX's problem???? Notice these trading exchanges for GCU and the Citigroup Global selling. Today, Sept 23 At 2:22, it was the TMX At 2:24, it was the TSXV At 2:35, it was the CHIX Anyway, the selling continues by Citigroup Global. Question: does anybody know what the connection may be, or was, between GCU and Citigroup Global? Was it a financing thing of GCU, by an institution, that went bad!!
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