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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by Wheeler44on Feb 20, 2004 8:14pm
85 Views
Post# 7095774

RE: Posting how much we each own...

RE: Posting how much we each own...No worries Patriot, I don't see it as potential risk. The number of shares we "posters" submit here will only be a fraction of the total sum of all the "readers" of the EGX posts who owns EGX shares. My idea was simply to get to know how many real EGX minority shareholders are here. It's good for new EGX board visitors to get to know who they can trust and who they should put on ignore and not reply to. Some bashers are/were here to try and bring down the share price for some reason and I believe That "someone's reason" is naked shorting of EGX shares. Why does some spend so much time and energy to try and bring down a stock? Are the bashers nice people? bashing EGX here to warn you for something? The answer is: No my friend, the bashers have a purpose, and the underlying facts are very disturbing! Naked short selling: Whith an investigation from OSC, BCSC, RS and US SEC coming up, I would also be scared if I had done something illegal like naked shorting (if I were the broker who's naked short of course). A broker/brokerage company in such awful situation must either buy back and cover, or his/her broker license or the brokerage company's licenses will be revoked and there will be criminal charges. I reported my suspicions to OSC, BCSC, RS and US SEC and hope that more will file complaints on suspected naked shorting. Someone have/is illegally naked shorted EGX, and not reported it accordingly. On the positive side: Short Squeeze! There won't be as many sellers as they need, when they must buy back and cover! Price of EGX goes back up to its fair market value, way over $.90! The upper trend-line in this chart shows that EGX should soon be around $2.00 Bad news for illegal naked shorters! Good facts for Real Long EGX Minority Shareholders! That's why I wanted to "map" this board, so that new potential EGX investors know who to trust and who to ignore. IMO All the Best! /W
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