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Author Topic: GLR Resources (GLRAF) (GLRAF.PK) Stock Spam  (Read 1157 times)

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Deez

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GLR Resources (GLRAF) (GLRAF.PK) Stock Spam
« on: November 20, 2007, 10:00:47 AM »
GLR Resources (GLRAF) (GLRAF.PK) Stock Spam

A stock spam for GLR Resources (GLRAF) (GLRAF.PK) arrived after the market opened Monday. The GLRAF spam is based on a November 12th news release. StockCastNews.com says it was paid $2500 to feature GLR Resources' corporate information.StockCastNews.com has sent out similar emails for different stocks in the past. Most of the hyperlinks in their emails take the reader to completely different sites.GLR Resources (GLRAF) (GLRAF.PK) has only traded 7,000 shares at the market open at 9:30 A.M. eastern USA. GLRAF is down 1.8356% at $0.615. GLRAF has an annual high of $0.7815 and an annual low of $0.30. PinkSheets.com has a "Grey Market" warning label for GLRAF. See the explanation below.There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.GLR Resources (GLRAF) (GLRAF.PK) stock spam subject: "GRS:TSX Latest Video GLRAF OTC"The GLRAF stock spam is below with the hyperlinks remove for safety.Nov 12, 2007 (M2 PRESSWIRE via COMTEX News Network) -- November 12, 2007, Kirkland Lake, Ontario.....GLR trades on the TSX under the symbol GRS, in Frankfurt under the symbol GKF and on the Pink Sheets in the USA under the symbol GLRAF.    GLR Resources Inc. (GLR) is pleased to announce that Korelin Video Productions of Oregon, USA recently participated in a Geological Field Trip to Uranium City, Saskatchewan. Korelin Video Productions has now compiled a documentary video entitled “Return to Uranium City”. The video shows how this once vibrant mining community in northern Saskatcewan, Canada is now being revived thanks in large part to the efforts of GLR Resources.  GLR is a Canadian based junior mining and exploration company focusing on projects in North America and with existing projects in Ontario, Quebec and Saskatchewan. GLRÂ’s most advanced project is its Goldfields Project, located near Uranium City in northern Saskatchewan. The Goldfields project consists of two open-pitable Gold deposits - The Box and The Athona - containing a resource in excess of one million ounces Gold. GLR is focused on bringing the Goldfields project into production in early 2009. GLR trades on the TSX under the symbol GRS, in Frankfurt under the symbol GKF and on the Pink Sheets in the USA under the symbol GLRAF.   Watch This VideoThis video can be viewed at www.glrresources.com/podcasts.php Alternatively, one can also go to www.glrresources.com , click on the Investor Centre tab and then select Podcasts from the drop down menu. GLR Resources Inc. (TSX: GRS) (FRANKFURT: GKF) experienced a 3.17% rise in share value Thursday along with 176,121 shares traded. On November 1st they announced that they have completed a financing where Blackfish Capital Fund has advanced $2,000,000 to them. We are reviewing the details surrounding the agreement. PinnacleDigest is interested in the size of this financing and will be reviewing any developments in the coming few months. We are interested in their position within the sector as well as their short term goals. The TSX makes no comment on this advertisement and in no way reviews , condones, or gives it's approvalThis release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
     


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