Pricing intervention.......
posted on
Jun 27, 2008 06:52AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
I realize most are sick and tired of the "naked shorting" diversions and so on. However there are many out there who are intent on rectifying the situation and there are also many who are just trying to get some direction to find qualified information on the subject. I was asked on the MIDAS letter last night if I could help direct someone to information sources. I realize that most posters here are extremely sophisitcated and more than understand what is occurring. For those, please excuse this. For others who may be new or just more curious, here is what I have on the subject that may help. I'm sure it can be improved upon:
"One of the sources of reference on illegal naked shorting is Jim Sinclair’s website, Jim Sinclair’s Mineset at http://www.jsmineset.com/ . This is the most complete information site I know of and has a complete library archive for research. Most recently, on June 17th, Jim has initiated an action plan for the Junior PM’s to fight back by establishing a Chamber of Mines: “My request is simple: Contact the management of every junior precious metals producer, exploration and developer, asking them to contact Editor Dan at information@jsmineset.com so that the Chamber can take form.”
A complete version can be found at his website.
From Financialsense.com:
Jim Puplava and Eric King broadcasts: Part 2 Crime of the Century - Part V: Summary & Conclusion with Eric King
http://netcastdaily.com/broadcast/fs...
Campaign being launched to expose illegal actions of some Canadian Bankers, their hedge fund clients and brokers. Jim Puplava is requesting mining companies that suspect their shares are being illegally suppressed to contact him. He wants to prove how the stocks have been manipulated.
Contact: Jim Puplava (Financialsense.com) or ericking5@live.com
Notes from Financialsense.com Broadcast May 24th, 08, with Jim Puplava, Eric King and John Leffler: “The Agency Crisis” The $ Trillion markdown: how some Canadian bankers in league with hedge funds and brokerage firms are illegally benefiting from losses of mining companies and shareholders.
A source from Stockhouse:
“There is proof fraud is being committed. We need to alert as many junior mining investors as possible. Just imagine the losses you may have incurred because of the unjust Canadian market activities being orchestrated against you by the Canadian investment banks.
Our Stockhouse group has grown to 210 investors. You are welcome to join our group. http://www.stockhouse.com/Groups/Gro...
Darin Diehl, Publisher and Executive Editor of Stockhouse recently published an article featuring the group’s campaign. http://www.stockhouse.com/Blogs/View...
In addition, Community Editor Rob Arber is also following the discussion and has written about it. You may read his story here: http://www.stockhouse.com/Community-...
The Canadian investment bankers’ crimes are severe and we wish to alert all junior mining investors.
See Vancouver Sun Article by David Baines of April 28th, 2008: “Indictment in U.S. links to B.C. Brokers.”
From TSX.com:
Rule F.2.05 Opposite Side of Market
No member or approved person shall, directly or indirectly, make a practice of taking the side of the market opposite to the side taken by clients.
Rule F.2.04 Conflict of Interest
(1) No member or approved person acting as an agent for a client to buy or sell securities shall be the buyer or seller for their own account or otherwise act in such manner as to create a conflict between their own interests and those of their clients or the member.
(2) No member or approved person shall engage in any activities, either in the context of or outside his employment with the member, which create or may be seen to create a conflict of their own interests and the interests of their clients or the member.
The Law in Canada: The Competition Act
http://laws.justice.gc.ca/en/ShowTdm...
Illegal Trade Practices
50. (1) Every one engaged in a business who
(c) engages in a policy of selling products at prices unreasonably low, having the effect or tendency of substantially lessening competition or eliminating a competitor, or designed to have that effect,
is guilty of an indictable offence and liable to imprisonment for a term not exceeding two years.
Whistle blowing
66.1 (1) Any person who has reasonable grounds to believe that a person has committed or intends to commit an offence under the Act, may notify the Commissioner of the particulars of the matter and may request that his or her identity be kept confidential with respect to the notification.
Previous U.S. background information includes:
Google: The Dark Side of the Looking Glass by Dr. Patrick Byrne
Youtube….naked short stock sales part 1
Youtube…Bloomberg Special Report….Phantom shares
Understanding Naked Shorting Stock Manipulation: Editor Hannibal at Overstock.com