Newcastle Gold Ltd.

Operating Gold Mines - Quebec & Peru Canadian Gold Producer with significant GOLD Reserves

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over 13 years ago

To keep the price in line with what the other company wants to pay for us. The last thing you want when you are trying to buy a company is for the share price to increase higher than your offer. Cannacord had been doing alot of the buying and now they are selling...I think they are working for the acquirer.