At the same time that we are waiting for what seems like forever for material news on several fronts....eagle 1, eagle 2, AT-12, blackbirds 1 & 2, and Windfall W-3 results, we now get this halt on a JV partner yesturday before open
After two full days, still no news....we are left to speculate....again
Perhaps when they halted, they were not made aware of the news blackout....and perhaps, since Noront is the operator of the JV project, they will make whatever announcement there is to make at the time of their choosing (which wasn't to be yesturday or today)
I'm just finding the whole waiting game quite odd
Remember the last time they spoke....that last interview.....Noront had made a nice run up....it went from .48 on the Friday to .56 on the Monday to .75 on the Tuesday on increased volume....the first time NOT traded over 1 million shares in over a month .... (the interview was on the Tuesday)...I felt then, and I continue to feel that they spoke only to give the impression that the nice uptick in the share price was due to their update (which was no update at all.....there was absolutely no new information).....I commented then, and I continue to believe that something happened back then.....some news leaked out for which they were not, and are still not, ready to reveal....something like that
And now again.....four days in a row with over 1 million shares trading....who is trading and what do they know......some people are in the know, and others are not.....the question is....is it the buyers in the know who are getting in before the big positive news......or, is it the sellers in the know who are getting out before the big negative news
And now, this Southampton thing.....more waiting