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[QUOTE]Originally posted by SuperSniper00: [QB] Great West Gold, Inc. - Share Price and Trading Activity February 17, 2006 10:06:07 (ET) NEW YORK, N.Y., Feb 17, 2006 (BUSINESS WIRE) -- Great West Gold, Inc. (GWGO, Trade) confirms that it has noted that its share price traded at a new low yesterday with in excess of 1 billion shares being traded on that day. The Company has requested an urgent "Squeeze Trigger" Report from [URL=http://www.**********]www.**********[/URL] in respect of the Company's trading including yesterday and upon receipt of this report, it will be published by the Company. The Company wishes to draw shareholders attention to the fact that the SEC Approves NASD Request Requiring 5,600 Brokerage Firms To Disclose Monthly Total Short Interest For OTCBB and PINKSHEET Securities. The SEC News Digest reported approval of the NASD's request to require all NASD member firms to disclose Total Short Interest positions on OTC BB and PINKSHEET securities. The following statement was published in the February 7, 2006 edition: "The Commission approved a proposed rule change submitted by the National Association of Securities Dealers (SR-NASD-2005-112) regarding amendments to Rule 3360 to expand short interest reporting to OTC equity securities. Publication of the order is expected in the Federal Register during the week of February 6. (Rel. 34-53224)" On September 20, 2005 the NASD filed with the Securities and Exchange Commission ("SEC") a proposed rule change to amend Rule 3360 to expand short interest reporting requirements to over-the-counter equity securities. The term "OTC Equity Securities" shall mean any equity security that is not listed on The NASDAQ Stock Market or a national securities exchange. Each member firm shall maintain a record of total "short" positions in all customer and proprietary firm accounts and shall regularly report such information to NASD as of the close of the settlement date designated by NASD. Reports shall be received by NASD no later than the second business day after the reporting settlement date. The term "customer" also includes accounts of other broker-dealers held at each firm. Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements. SOURCE: Great West Gold, Inc. Great West Gold, Inc. + 1 602-532-7322 investor*greatwestgold.com [/QB][/QUOTE]
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