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IMPORTANT: YOU CAN HELP SAVE CANADIAN MINING

Some of you have read my posts on this board about what I believe is hurting our valuable mining companies. Here are some VERY IMPORTANT updates.

Post 1407 for your easy reference.

In that post I wrote about the need to ban short selling.
Since that post, a video surfaced urging Canadians to get involved in the call to reinstate the short selling uptick rule. The message in this video is powerful though I urge people to call for the outright BAN on SHORT SELLING. As long as we have High Frequency Trading (HFT) it is my view that those traders will find a way around any rules. I had no part in putting this video together but I am glad to see that there is a movement toward fixing the damage that ‘our taxpayer funded regulators’ allowed to happen at our expense as Canadian Investors. Click on the following link to see how you can help to ...

Save Canadian Mining.

The time for action is now!


Coincidentally, since my post 1407, the TSX has had to shut down early last week and shortly after that event the CEO of one of the Alternate Trading Systems know as Aequitas NEO (Jos Schmitt) was interviewed on Canada’s Business News Network (BNN) and referred to the current trading system as a Mickey Mouse system. More importantly, he said that he has been writing to the regulatory bodies since 2016 about the opaque nature of the ATSs and that the issue needed to be addressed. The regulatory bodies have done NOTHING to address his concerns. NOTHING in FOUR YEARS.

WHY did THEY DO NOTHING for 4 years? I can only conclude that as long as the letter was just between him and them they could ignore it and let Mickey Mouse run about the Canadian Markets and eat everyone else’s cheese in the meantime. Remember, these regulators are paid by the Canadian Tax Payers. Should those that made those decisions to change the rules in 2012 be investigated? Should those that failed to act on the letters from Mr Schmitt be investigated? View the link below to see the full interview. Hurry because some of these links that expose the facts have a way of disappearing once they start getting too much publicity.

BNN Interview Mickey Mouse trading system

One such link was the Tom Fahy report that I provided. This link provided details about how some Uranium ETFs use a thing called Operational Short Selling to make oodles of cash while investor money was not actually being used to buy Uranium shares. This practice was called a swindle albeit a LEGALIZED one. Who approves this stuff and should they be investigated? That link is now inoperative. We need to learn why that is the case.

So, if you are tired of seeing your Uranium Investments being decimated here is what you can do.
1) Locate the name of your Provincial MPP. See if you can find their e-mail address.
2) Add/post the link about the above Save Canadian Mining in your e-mail. Add a few words of your own demanding that they address this issue expeditiously. Tell them that Regulators should work for ALL investors and not just those that have access to AI supercomputers.
3) Ask them to ban all short selling without explicit and clear approval from the shareholders of those shares no less than 1 day prior to executing the sale of YOUR shares. Market conditions change daily and there is no way that investors should have to sign an agreement (at the time of opening their trading accounts) allowing their shares to be borrowed for the purpose of selling them while dragging the price of our assets down. Please note that some may tell you that you have approved the borrowing of your shares in your account agreement (in that fine print somewhere) and that short selling is a ‘healthy’ practice for the markets. If this is acceptable to you then do nothing and watch your Uranium shares stagnate as the world runs out of supply. Otherwise read on.
4) Copy the e-mails to the CEO’s of your favorite Uranium company demanding that they GET VOCAL about this issue. Their silence has done little. The video is great but their individual SILENCE is INEFFECTIVE. We need a LOUD VOICE from a BIG CROWD of Uranium Investors to get these one sided regulations FIXED NOW.
5) Use whatever legal means you have to distribute this important message regarding the future of your well researched investments.