Le Lézard
Classified in: Mining industry, Business
Subject: AVO

Save Canadian Mining Announces Black Friday Short Selling Emergency Session


Industry Legends Eric Sprott, Wes Christian David Wenger to Join Save Canadian Mining Podcast

TORONTO, Nov. 17, 2023 /CNW/ - In response to multiple developments around the world and dire actions here at home, Save Canadian Mining is making an urgent appeal. If you are an investor in any Canadian mining stocks or a Canadian mining executive then you need to join us for this session on Black Friday, November 24th, at 10:00 am EST.

Why Should You Attend? We Are Losing A Lot Of Money! It's Time to Stop Losing and Start Winning!

Figure 1 - TSXV Index Since Inception (CNW Group/Save Canadian Mining)

The TSXV is trading at all time non-pandemic lows despite robust commodity markets.

This is not a normal cyclical market cycle. This is very different. World leaders are finally recognizing the real root of the crisis. On Nov 5th South Korea banned short selling. Their leadership cited concerns about increasing market volatility and illegal short-selling practices undermining market stability.

This follows the September 29th ruling in Harrington Global Opportunity Fund Ltd. V CIBC World Markets Inc et al. As a result, Broker-Dealers can be held primarily liable for failing to fulfill their "Gatekeeping Responsibilities" of monitoring their client's trading actions. This case about spoofing and abusive naked short selling is reverberating in brokerage compliance offices around the world.

The world is changing and now is the time for Canadian markets to deal with this problem. A problem that is costing Canadian investors billions of dollars!

The Math

From our Save Canadian Mining Research:

Figure 2 - Divergence of TSXV Metals and Mining Index from Commodity Indexes (CNW Group/Save Canadian Mining)

(CNW Group/Save Canadian Mining)

What Can We Do? Investors.
What Can We Do? Companies.
The Content

There will be two events. The main event and the exclusive CEO round tables.

Main Event - Black Friday Short Selling Emergency Session

Update On Current Situation ? Terry Lynch

Investor Perspective- Eric Sprott

Legal Perspective ? Wes Christian

Data Perspective ? David Wenger

Round Table

Next Steps

  1. Time to get and stay active
  2. Time to demand change- enough with the excuses
  3. Time to take legal action?
CEO Event

Mining CEOs are encouraged to contact Terry Lynch at [email protected] to attend one of the six scheduled events. We would expect 5-10 per sessions. The sessions can be private zoom sessions or public its entirely up to the CEO. Our view is every CEO should be free to speak to his peers about their problems in this respect and to educate their shareholders.

The message in these sessions is not doom and gloom. It's time for a turn around. Time for our sector to shine. Time for our shareholders to be rewarded. We need to get loud and demand our political leaders wake up and force regulators to do their job or indeed change the regulatory system all together.

SOURCE Save Canadian Mining


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