Saskatchewan’s Financial and Consumer Affairs Authority (FCAA) is warning potential investors to exercise extreme caution about aggressive promotion of a B.C.
gold mining company. A letter recently circulated by mail across Western Canada makes exaggerated claims about Crestview Exploration Inc., predicting that its stock price “will soar as the recession hits,” according to FCAA.
Mailings are sent from a “stock analyst and geologist” and come in an envelope that says in bold red letters, “CORONAVIRUS AFFECTING MARKETS: READ NOW.” [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] “The short-term upside potential for investors buying shares of Crestview Exploration today is around 500% while long-term shareholders