I'm waiting with bated breath to see what happens next with WHY and how quickly the deal unravels. I've seen a lot of scams and frauds in my career, but this seems like the most obvious of the bunch.
Tuesday 10 October 2017
Waiting for an update on West High Yield
Trading in West High Yield (TSXV:WHY) was halted before the open on Friday. It appears that IIROC is seeking "clarification of company affairs."
Bloomberg is doing some good work on this, with an update on WHY on Friday afternoon. In a nutshell, the Alberta Securities Commission is looking into the purported transaction, the purchaser has a checkered past, and the purchaser's counsel (Baker McKenzie) is not aware that they are acting for them or any connection to the deal.
I'm waiting with bated breath to see what happens next with WHY and how quickly the deal unravels. I've seen a lot of scams and frauds in my career, but this seems like the most obvious of the bunch.
I'm waiting with bated breath to see what happens next with WHY and how quickly the deal unravels. I've seen a lot of scams and frauds in my career, but this seems like the most obvious of the bunch.
Trying to Build a 10-Bagger
Evolve or Die This blog started as an experiment when I was toying with the idea of starting a mining newsletter. I figured that if I was r...
-
Evolve or Die This blog started as an experiment when I was toying with the idea of starting a mining newsletter. I figured that if I was r... -
There seems to have been increased talk about silver over the past few weeks. Rather than rehashing the reasons why, here are a couple of g... -
It's cliche, but what a difference a year makes. We started 2018 with a very bullish market for metals and mining stocks. The euphoria...