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Message: Chinese take action against short sellers

I find this article very interesting and had mentioned awhile back that all resource stocks recently hit by shorters could have united to do something about it. Instead, it seems most of the companies turn a blind eye and don,t care much for the shareholders affected by this because they know of ways to still earn their years work. Its sad how many companies don,t think about their shareholders and selfishly continue on with their own thing.

Anyhow, here is one company that has guts to stand up to this type of corruption, let this be an example and hopefully set a precedent to some other companies dealing with excessive shorting. For the record, we had a shorting report written about us and put on the Seeking Alpha blog last fall, this put a number on us as being a shorting target. Where we were so tightly held, its amazing that our sp could have been driven this low and the absence of positive news only contributed to the sp decline. All Lori had to do was even just release the discovery of some new gold bearing veins, (and we did find some that were never released, for example the Cactus Zone, where there was a vein or two found there with a sample grade of over 1 ounce per ton, or the other gold mineralized zones mentioned in the Mining Stock report, that hasn,t seen the light of day yet)and this alone could have helped support our sp.

http://www.mining.com/silvercorp-uses-chinese-police-to-silence-and-suppress-censorious-short-sellers-70427/?utm_source=digest-en-mining-120911&utm_medium=email&utm_campaign=digest

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