Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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Re: Anon's Game - Mark & djji

Noront Resources

almost 11 years ago

in response to djje's message

I questioned a trader who works for a large investment management company about naked shorting and his reply was "I do it all the time". He did say that he had to declare each short sale. But if he is naked shorting what is stopping him from not declaring each naked short? He is not working for a brokerage house so there is no danger of the company loosing it's trading license. The OSC could only come after him - as the company could always deny that it knew it was happening. And we all know that the OSC is a toothless entity. Isn't naked shorting against the law? Why not go one further and not declare the transaction? AFS