Canagold Resources Ltd. (CRCUF)

[Scyther]

I suppose that could be a source of shares but that tactic is still rather flawed..

I would personally (if i was canford) sit on my shares, get the deal signed and start selling at around 27-30 to control the shareprice there and stop it closing above 30 for 10 consecutive days.

That way they make money and still get control over when they exercise their warrants.

What they are doing now will cost them more in the long run to hold the same amount of shares as these will be purchased back at 15 cents.

Also as they are classed as insiders now shouldn't the market be informed if they are reducing their holding?

Scy