GW1 0.00% 5.3¢ greenwing resources ltd

trading halt, page-4

  1. 7,447 Posts.
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    If anyone can put a positive spin on this announcement I'd be glad to read it. Perhaps I'm being a bit pessimistic, I don't know, but I read it as meaning that if metal prices remain at similar levels to now, or lower, for an extended period then the show's as good as over. No doubt they are going to be looking at curtailing expenditure on exploration, studies, etc, in the short term. As someone just said, if recent drilling had been good we'd have heard by now.
 
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