Globe says Graycliff, others hit by shady promotionsGlobe says Graycliff, others hit by shady promotions 2021-04-15 08:44 ET - In the News Also In the News (C-CRS) Crestview Exploration Inc Also In the News (C-VALU) Valorem Resources Inc The Globe and Mail reports in its Thursday, April 15, edition that Robert Caines felt sick when he spotted an article on the Internet hyping Graycliff Exploration ($1.01). The Globe's Niall McGee writes that on Monday The Financial News (FN) website said Graycliff had $500-million worth of gold reserves, and its stock was set to skyrocket. The post on Graycliff was almost identically worded to one Mr. Caines saw in February that him and his family to buy shares in Crestview Exploration. After they had held Crestview for a few weeks, the stock crashed for no apparent reason. Mr. Caines believes Crestview was the target of a "pump and dump." The Caines family cashed out of Crestview with a $16,000 loss. This week, Graycliff and Valorem Resources, were targeted on the same website that promoted Crestview in February. On Monday morning, after FN touted Graycliff, its shares ran up by 50 per cent. Near midday, FN suddenly dropped its promotional push on Graycliff, and shifted its efforts to Valorem. Right away, Graycliff shares started tanking, and Valorem went parabolic. Mr. Caines says, "They're really scamming people, taking everyone's money." He says, "The RCMP should know about this."