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!
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 5thSouth 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:
What Can We Do? Investors.
First, attend the session (or listen to the recording) to get educated and secure access to information about the problem.
Second, email or call the executives of companies you have invested in and urge them to attend and get educated.
Third, urge your companies to attend exclusive small round table CEO sessions with Save Canadian Mining head Terry Lynch on Black Friday and learn why now is the time to press the case and to save our industry.
Fourth, email or call your local provincial legislative member and demand that Government get their securities commissions to force regulator CIRO to audit the naked short problem going on in the mining sector (more specific details will be forthcoming during the event).
Fifth, post this event on social media with the hashtag #BlackFriday-SaveCanadianMining.
What Can We Do? Companies.
First, attend the session (or listen to the recording) to get educated and secure access to information about the problem.
Second, attend exclusive small round table CEO sessions with Save Canadian Mining head Terry Lynch on Black Friday, and learn why now is the time to press the case to save our industry.
Third, email or call your local provincial legislative member and demand that Government get their securities commissions to force regulator CIRO to audit the naked short problem going on in the mining sector (more specific details will be forthcoming during the event).
Fourth, post this event on social media with the hashtag #BlackFriday-SaveCanadianMining.
Fifth, publicize this event to your shareholders, explain why shares are down and offer hope and opportunity! Draft press releases will be available to help.
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
TSXV State
South Korea Ban on Short Selling
Harrington Global v CIBC
Power Nickel
Investor Perspective- Eric Sprott
Legal Perspective ? Wes Christian
Data Perspective ? David Wenger
Round Table
Next Steps
Time to get and stay active
Time to demand change- enough with the excuses
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.
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