Don't know about your theory. The halt was at the request of the company and not a cease trade order imposed by the regulators.....which we have seen before.

VANCOUVER, March 11 /CNW/ - The following issues have been halted by
Investment Industry Regulatory Organization of Canada (IIROC):

Issuer Name: Century Mining Corp.

TSX-V Ticker Symbol: CMM

Time of Halt: 12:56 e.t.

Reason for Halt: Company Request Pending News