Cannacord is the VULTURE brokerage firm...........for the jr. mining exploration market. All they do is exploit it for their own gain. Sadly these companies are at the mercy of these type of theives. Companies need money and they are ALWAYS willing to participate in PP's. Cannacord are short term players in this sector. They sell ALL their shares into the open market once the PP is off the hold period. While those shares go up they then sell the warrants. Once that is done all that is left to do is short the company that they gave money too. They make money 3 ways off these companies. Sell shares into the open market, sell the warrants or exercise to sell the shares into the open market and third they short the company.
What a lovely scheme they have going for themselves. BTW the sells are ALWAYS under ANONYMOUS.