Knick Exploration Inc.: Yearly Trading on KNX
Val-d'Or, December 12, 2017 - Knick Exploration Inc. (TSX-V: KNX) At Knick we are firm believers in the importance of keeping the shareholders informed. A good flow of news makes sense in the advancement of the company and its properties and is paramount to our investors. All Knick's activities have been reported on a current time line and produced over a yearly basis. With today's trading platform this process appears to have become significantly less secure for knowledgeable investors based on related trading:
In 2016 we saw an increase on the trading volume of 492% compared to 2015. For 2017 to the present we have observed an increase of 212% more trading than 2016?.
Although more trading could signal a lot of activity based on the company's properties exploration results, the press releases appear to have become an opportunity for a quick buck for many day traders and "automated traders".
The harm that is caused by that trading on a 5 cent stock can be substantial, especially considering the overall relative percentages. The troubling issue is that there is a significant potential that a large part of this trading is done by outsiders, "non- shareholders", so why should investors help raise capital if there is no need to hold or own shares to play the market platform. High risk for high return becomes high risk for low or no return.
Today's junior exploration companies are swimming in shark infested waters with very little protection against this "legal Trading". It sure looks like we all need a bigger boat with fewer holes to survive this era.
?Source: Stockwatch
Gordon N. Henriksen, P. Geo., Vice President of Knick Exploration, is the Company's qualified person as defined by National Instrument 43-101. He has reviewed and approved the contents of this press release.
We seek Safe Harbour.
Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This Press Release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.
FOR MORE INFORMATION, CONTACT:
Jacques Brunelle Gordon N. Henriksen
President & CEO Vice President
Knick Exploration Knick Exploration
536, 3rd Avenue 536, 3rd Avenue
Val-d'Or, Quebec Val-d'Or, Quebec
J9P 1S4 J9P 1S4
Office Office
819-874-5252 819-874-5252
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819-856-1387 819-210-1406
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