Margaret Lake Diamonds spike this week on higher than normal volume and their subsequent trading halt appears to be unrelated to POW.
Rumour has it that the spike/trading halt has something to do with a mine acquisition.
However, if the MLD share price stays around it's current level that makes it more attractive and therefore possible to get the share consolidation and capital raising through. Those terms are required under the technology agreement with KORID Energy.
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- Ann: Retraction of Margaret Lake Diamonds Announcement
Ann: Retraction of Margaret Lake Diamonds Announcement, page-44
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