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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Post by sailor8on Dec 23, 2020 3:34pm
211 Views
Post# 32171533

Canada: Shorters covered 911,764 PVG shares !!

Canada: Shorters covered 911,764 PVG shares !!Last half month figures from Canada show: massive nearly 1 million PVG shares were covered (bought back) by the shorters...

Symbol Issue Name Shares Net Change Date
$PVG.TO PRETIUM RESOURCES INC. J 2,228,700 -911,764 21 Dec 2020

Shorters obviously used the big surprise help from O Brien with his very special still unexplained "Snofi deal".

O Brien had flushed down within the reported time frame shareholders next generation multi billion $ asset  -our "Snowfield deposit"  - for just ~ 100 million USD...

I guess shorters also know, that January and February are tradionally seasonal strong monthes for the Price of Gold, so they are a bit in hurry in December. Let us see.

To the remaining 2,228,700 PVG shares shorted in Canada we have to add the shorted shares in USA which are:

Short Interest (Shares Short)
7,820,000

Thus totally are now short: 2,228,700 (CA) + 7,820,000 (USA) = 10,048,700 PVG shares, which the shorters must buy to fullfill their delivery duties...
 

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