Western Potash Deal Likely Leaked According to Analysts

The Financial Post reported that some analyst feel that there is strong evidence that  Western Potash’s  $32-million financing deal with Chinese companies was leaked in advance of their announcement.

As quoted in the Financial Post report:

Mr. Isaacson put it more simply, saying it is “difficult to conceive of a scenario where this transaction was not somehow leaked.” He stated the stock was “effectively dead money” for 12 months until it suddenly shot up about 40% in three days in late May.

To view the whole Financial Post report, click here.