Pinnacle Activity Ticker
Mahdia Gold trading activity suggests Listing Immenent
There has been lots of trading activity the last few days with a multitude of buyers with 99% of the selling by an anonymous trader or traders trying his or her damndest to keep this one down as he has for the last several months. Ned Goodman's Dundee and the Wek are on board now and historic drill results have been reported with a Ni43 101 report expected by mid July. The i's arel being dotted and t's crossed. In my opinion the CEO was always lax with the finer details concerning the paperwork. Now that John Reynolds co-CEO and former bagman for the Harper government as well as being the father of Cannacord's CEO has put his stamp on this company a venture listing is on the way and they probably will be putting out some big news releases upgrading the resource.
Join Now! It's Free
Test Your Investing IQ
Do you know how smart of an investor you are?
Related Articles & Blogs
Community Talk
Re: Mahdia Gold trading activity suggests Listing ...
I have noticed a lot of trading going back and forth between anonymous and RBC. Last week RBC seemed to be buying from anonymous and today anonymous bought a big block from RBC. They can move this stock up or down at will. The thoughts from the Pinnacle BRAIN TRUST albeit based on rumour is that Mike Wekerle is behind this action. Most of the shareholders seem to be holding tight and not panicing. Today's single trade of 351,000 share trade at .24 was the same as Friday's close and one cent below the spring private placement at .25
Re: Mahdia Gold trading activity suggests Listing ...
Funny thing. No sooner had I posted this with the stock ready to move to 29 cents when 3 sales went through at 26 cents with anonymous selling to anonymous. Yesterday about 900,000 shares were traded with anonymous on the selling end of almost every trade and the same goes for today.Sometimes shares are beaten back to accomodate somebody but I this has been goin g on for several months. Any thoughts from the Pinnacle brain trust?