Naked short selling BML

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Potentially important discoveries have been made at the Frank Creek (VMS/Gold), Kangaroo (Gold), Black Bear (Gold/Silver) and Tasse projects (Positive Diamond Indicators).

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koetjeboe

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Naked short selling BML

posted on Apr 18, 2011 04:15PM

See press release: http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=17346

This was coincidentally a topic of discussion on Jim Sinclair's http://jsmineset.com, where Trader Dan commented that micro caps are undervalued compared to small and medium cap mining companies because of short selling. This is an industrywide issue, not limited to BML, but in my experience naked short selling usually ends in a short squeeze.

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