Re: The PR I want to see
in response to
by
posted on
Jan 11, 2024 02:56PM
Combining Classic Mineral Exploration with State of the Art Technology
I don't want to use the word "precedent," but it happens as often as it doesn't. Calling for a halt, I believe, costs money.
To avoid this cost, tiny junior mining companies will often announce outside of market hours. Why I see drilling news releases during market hours, I don't understand, but it does happen, though quite rarely. Maybe it happens more often with Canadian companies; I don't recall.
In any case, I think releasing good news during market hours misses a promotional opportunity. And, in my opinion, getting the best bang for the buck on good news comes from calling for a halt, "pending dissemination of information," as I believe it is termed.