Guess it depends on what is considered material or not. A contractor that we all knew was coming for some time, to start working on a mine knew about for some time. We already have a producing mine which is (should be) profitable. Possibly deemed the appointing of the contractor does not require a halt as we are still currently producing (and profitable?) from our existing mine. Who knows.
What really gets me is seeing profitable mining companies "get no love" from the market when they put out good numbers. However, when a company gets even a sniff of "omg ore" in the ground, the SP can shoot up to a ridiculous level. Gambling at it's best perhaps.
I am really curious to see this quarter's numbers and the effect of the "high" commodity prices (albeit costs likely to rise somewhat as well).
RVR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held