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Re: golden grog post# 60829

Thursday, 01/24/2013 11:02:46 AM

Thursday, January 24, 2013 11:02:46 AM

Post# of 67010
While would have been nice a report form a non related party , it is not untypical for a company officer or director to be the qualified person for information released to the public in Canada. Nor after a 5000 to 1 reverse and a year they need to rasie money that a company wouldn't release news to maintain stockholder support. Keep in mind they havent prepared a NI43-101 report, just an internal report using the NI43-101 guidelines, at least that is what seems to be the case.

I keep seeing references to "shorts", does this simply mean people who wish to sell stock, or has someone identified a brokerage firm that one can sell short this stock ? To me it is fairly simple, the convertible note holders whenever they see volume sell at a discount to make their profit, as one would expect. The convertible holds may issue order to sell stock then cover with actual certificate within three days,which could be happening- though with a DTC chill and this stock price they must have a very cooperative broker !

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