Cangold Limited (CGLJF)

[Gaintrader]

Just wondering...I just would think that with the very low volume, plus that I think the insiders hold nearly half the OS, and also with a firm buyout offer at a fairly fixed PPS that could close shortly, shorting this might not turnout all that well. But what do I know... shorting is not my thing.

As of Sept. 30 '14 they had 42,780,599 OS, and 56.86M fully diluted, unlimited AS;
http://www.cangold.ca/i/pdf/Brochure-Jan2015.pdf

The buying company GPL, is also run by the same group of directors as CGLJF too.

I don't hold here, but watching just in case a wide (20%+) arbitrage under the offer's converted PPS ends up developing before the merger closes.

Good luck with your trades, and peace to you too!