SUM 2.17% 22.5¢ summit minerals limited

Ann: Trading Halt, page-34

  1. 477 Posts.
    lightbulb Created with Sketch. 128
    Agree the timing was extremely strategic, lining up perfectly with the start of a new trading week.

    If this was bad news or a CR they would let it keep running and dropped the announcement after hours on Friday IMO.

    The fact it doesn't have a second page indicates it's not a CR or speeding ticket. As such it doesn't have to be disclosed to the market.

    I also feel like it's way too early to be talking takeover especially without an MRE or more concrete assays/drilling. And again the announcement could have been done after hours or without a Pause in trading.

    This could be a $1 party on Monday with a solid update.

    GLTAH
 
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