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Sylvrewynde

03/09/10 10:13 AM

#6362 RE: TruckingAngler #6357

That is just the way Bob works the system. His nominees wash a few shares generating volume that simulates interest in the stock. Many times you'll also see premarket trades that are designed to signal buying interest that are generally called a gap up. Sometimes he catches a few people unaware that way. Then Bob puts out a vacuous PR much like yesterday's. His PR's range from the "We've found iron" that starts an operation through variations that are supposed to illuminate the premining phase and continue to the "We have a mysterious investor who will solve our problems" and the deal making PR's that name companies that are either too big for an individual investor to validate any speicific information about any possible claimed deal or that simply exist only on paper or in Bob's mind.

You're probably right that one of the next PR's will be about the exploitation permitting. Any information given, though, will not be verifiable through any legitimate source. In the alternative Bob could PR that the permitting process has failed because of corrupt Mexican government officials or some other nefarious person or persons. Regardless it won't be Bob's fault. The result?? Project failure and on to the next big find . . . . and the next group of gullible "investors".

As to your second question, I think you are misinterpreting the SHO report. The shares reported "short" are those that haven't been delivered as of the time of any such report. The rules allow for (I believe) 3 days before a transaction settles. Those shares that are showing as "short" are usually simply in transit in some form or another. The most believable explanation for those numbers in the last few days in my opinion is the one I alluded to yesterday. That Bob's deal with Fremery Mining gives them a large number of free trading shares which they don't already have access to but which they are selling anyway. When Bob issues the shares (which he would be obliged to do by virtue of his agreement) the transactions will settle and there will be another new batch of stuckholders here.

This can be a fairly profitable trading stock. The only true longs here are those that cannot get out without an almost total loss.

GLTA.
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dappa

03/09/10 2:29 PM

#6369 RE: TruckingAngler #6357

You can bet that more than half what's traded today is being shorted as well.
I would really love to see some solid news so this can run to multiple pennies and stay above a penny for a while so we can burn these shorts.
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Militia Man

06/10/12 3:50 PM

#73674 RE: TruckingAngler #6357

I wonder if the 500k shares the FBI paid for were upticking the stock as short sells? The charts shows that the stock tanks on into April? Keep in mind preceding this PR there is one that goes quiet for 30 days out of character, in my view. There is talk of news leaks in early February. The board goes dark for 10 days and then slowly picks up steam ahead of the PR on 03/08/2010. I find the data odd, maybe I am not the only one that does.

Bob is in a sting op and the bad broker/FBI shorts the stock in March and then profits on the take down and covers later in April. The charts suggest it is plausible.. Then two years later the beast hits the wires and another even more profitable taken down ensues.. Interesting imo..

TruckingAngler

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Tuesday, March 09, 2010 7:35:33 AM
Re: TruckingAngler post# 6354

Post # of 73668
Sylvre question #2 ? ? ?
Why would you say volume + PPS started last Thursday + Friday before the Monday p/r ?
From OTC4daytrader : "The Shorties are keeping CWRN down but not for long.
- March 5,2010: 1.3 M shares shorted (Day volume was 3.9 M)
- March 8,2010: 4.5 M shares shorted (Day volume was 7.4 M)
Yesterday, without the huge shorting CWRN should have hit easy 0.006 and thus a 300% gain. People would then have noticed it and huge buying to come after. Well now it will take some more days.
It does not look shinny for the Shorts because good PR's are coming: Exploitation Permit; Update Revenues for 2010; Final agreement with Fremery Mining.
http://regsho.finra.org/FORFshvol2010030... "

This didn't seem like inside buying / info leak ?
With 60+% short trading yesterday I believe we are seeing major accumulation / consolidation rest of week .
TYIA



http://www.marketwire.com/press-release/cwrn-baja-iron-project-mou-executed-with-fremery-mining-ltd-hk-1194967.htm




Now look at what happened years later when the data was released onto the wires.