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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Post by AGTCTTWWon Aug 04, 2022 5:19pm
153 Views
Post# 34872442

how-short-sellers-beat-the-system - Recommended reading

how-short-sellers-beat-the-system - Recommended reading"It doesn’t take a lot of money to control a stock via short selling on the TSX Venture. As a matter of fact, institutions often hammer stocks via short selling and back up their shorts with warrants they obtained in a previous financing. They often force the price of a stock down to finance the same companies they’re shorting to get a better financing price, or to force a company into a financing arrangement.”

From one of the best articles I've seen regarding short selling in Canada.  I recommend everyone read every word of it.


 
Rainyday, there's actually a term for 'painting the tape':

What is Downticking?

Downticking is when a trader sells stock so that the most recent change in the share price is negative. This is usually done right before the market closes using very small amounts of stock.

And since stock charts only follow the closing price of a stock, you can see how easy it is for a short seller to create a nasty-looking downward chart by spoofing and down-ticking.

These practices are illegal but happen to many Canadian stocks.

 
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