{"id":771,"date":"2013-01-25T09:01:00","date_gmt":"2013-01-25T09:01:00","guid":{"rendered":"\/?p=771"},"modified":"2013-03-25T20:14:33","modified_gmt":"2013-03-25T20:14:33","slug":"ghana-gold-corp-pinkggco-stomped-after-pumps","status":"publish","type":"post","link":"\/articles\/ghana-gold-corp-pinkggco-stomped-after-pumps\/","title":{"rendered":"Ghana Gold Corp. (PINK:GGCO) Stomped After Pumps"},"content":{"rendered":"

\"GGCO_chart.png\"Yesterday was not a good day on the market for Ghana Gold Corp. (PINK:GGCO<\/a>). The company closed nearly 33% down and reached $0.075 at the closing bell. The promoters touting the stock have gone curiously silent. <\/p>\n

GGCO<\/a> is a company prospecting for gold in the Republic of Ghana. GGCO<\/a> has also become the target of a number of stock promoters who pumped the stock over the last couple of weeks. In addition to all the touting, the company made sure to release a steady stream of optimistic but mostly nonessential press releases to back up the hype.<\/p>\n

It seems even the promotional buzz couldn’t lift GGCO<\/a>. The first promo mail came through on January 14 and started the stir around the company. Prior to that, GGCO<\/a> was barely trading and enjoyed practically zero investor interest. Despite the dozens of emails sent out, GGCO<\/a> is currently more than 60% down from its pumped high of $0.21 per share.<\/p>\n

The company’s filings are not too exciting as well. The latest official publicly available report is dated September 30 and includes the following:<\/p>\n