What Donald failed to tell you...What Donald failed to tell the IIROC and their [outside] shareholders on July 19 is....
"We are about to embark on a very cheap Private Placement at $0.105/share, so we encourage our inside friends and family to sell your stock at today's prices, so you can buy much larger quanties at much lower prices!"
Medallion doesn't say why trading activity is high
2019-07-19 07:02 ET - News Release
Mr. Donald Lay reports
MEDALLION RESOURCES CONFIRMS NO MATERIAL UNDISCLOSED INFORMATION
At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Medallion Resources Ltd.'s management is not aware of any undisclosed material information relating to the company that may be contributing to the recent increase in its trading activity.