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Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

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Nevada Copper Corp > Canadian Rules hey

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Post by Newstock44 on Apr 25, 2021 4:51pm

Canadian Rules hey

This is now in discussions The Ontario taskforce didnt recommend bringing back the tick test, but it did propose other substantial changes, including requiring shorters to confirm they can borrow the securities theyre attempting to short, and be subject to a mandatory buy-in if a sale fails to settle two days after the settlement date, or four days after the trading date. The change would effectively end a practice known as naked shorting. More news to follow cheers NS

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Comment by patchh on Apr 25, 2021 6:45pm

ddid the give a final rule date on this ?? if they actually change this rule to preclude conterfit stoks being entered into shorts.. U can kiss the NYSE and NASD goDoBy ! thats a big deal ! if they place fines on Fail 2 Delive,r it will end this pratice outside of Put/Call Options - LEAPS etc...

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Comment by Newstock44 on Apr 25, 2021 8:23pm

Just suggestions at this point but this sounds familiar and could help SP The taskforce also recommended a prohibition on short selling in connection with a prospectus offering or private placement, something that Lynch said is sorely needed. What happens when people use their financial muscle to push a stock down thats unwarranted based on company news, its just scaring away other buyers, he said ...more

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