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Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (567)6/30/2000 12:51:41 AM
From: baystock  Read Replies (5) | Respond to of 672
 
Date: Thu Jun 29 2000 18:05
Netpi (GATA has been the main proponent of the manipulation allegations but nothing has been said) ID#247249:
Copyright © 2000 Netpi/Kitco Inc. All rights reserved
about the price action of 2 stocks that they have heavily promoted, ECU Mining and Golden Star Resources. There have been 2 separate and distinct
occasions on which specific promotions relating to these 2 stocks were undertaken and in both cases there was a brief flurry of volume but no price
action following which the stocks began a slow drift down. In the case of ECU mining, we have the stock hitting 9 cents today on over 900k shares, a
massive amount of volume for this thinly traded stock on the Montreal Exchange. Each promotion yield volume activity but no price movement. With
the amount of promotion relating to these stocks, there must be a large amount of stock looking for an exit without taking the price. I wonder who is
trying to get out. Could it be interests relating to GATA? I have no axe to grind against GATA or its people though I don't believe their particular
version of the gold market but strictly on the price action of the 2 stocks they have been recommending, is it unfair to pose the question who is
manipulating what and who is being manipulated?