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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 Apr 05, 2004 11:35pm
63 Views
Post# 7319321

RE: why no volume? Wheeler? LeF?

RE: why no volume? Wheeler? LeF? What's the story? Is there one? -- It's very likely due to the following: Company related factors: - The company is undiscovered / overlooked - Too few news releases from the company Other factors: - New US SEC rules and regulations regarding naked short selling, which also will become rules and regulations in Canada, as well as Securities Commissions that Really will enforce the rules and regulations. From April 1, 2004, naked shorters are more careful with their selling. A day comes when all the shares will be subject to "inventory". Some brokers have only a few days now to cover their unreported short positions to comply with the US SEC's rules and regulations. The securities markets became a much better place on Apr. 1. Brokers can no longer sell what they don't have, and they must buy back the non-existing shares they've sold. imo. I haven't found any better company to invest in, than Eurasia Gold Corp, and I'll buy more EGX when some naked shorters are done covering their shorts in another stock I hold. imo. /W
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