RE:Help from short selling comingIt would also be nice for these same big time industry players to speak out against all of the scam pump and dump con-artists like Jared Lazerson/Ron MacDonald that plague the junior mining industry ripping off investors with their exaggerated claims and BS hyped properties and technologies. I would be interested to hear Mr.Lynch's and Mr.Tsiolis's thoughts on the business/investing practices of the likes of companies like Zimtu. I would also wonder what they think of Dave Hodge. Just like predatory shorting is a problem so are pump and dumps when big money players/corporations get involved. They say the end goal is to make money for investors (and themselves) by supporting good solid and ultimately revenue producing companies. Isn't that what investing (especially for longs) is all about? Propping up scam pump and dumps like Zimtu is prone to do to make the companies like MGX/MGXR/Zinc8 seem like legit honest (wannabe revenue producers) when in fact it is nothing more than paid for fake PR and hype is just as bad if not worse than predatory shorting.
This whole junior mining industry seems sketchy and ripe for corruption on both sides. The various securities commissions seem almost useless and pathetic in their efforts to clean it up. Why do they let Jared/MGX and MGXR/Zinc8 get away with lack of what is supposed to be required reporting to stay listed? How does this help average everyday investors who are left in the dark?