Knowing quite well that CC is an avid Astronamer, and the fact that both Jupiter and Saturn are in the waining phase of the Chinese New Year Moon, I think the trading Halt is CC's way of ensuring that "Cosmic" forces do not cause undue duress on the current share price. Two days should be just enough time for the planets to move out of alignment.
The other possibility of the Trading Halt is that I have heard from a highly respected source that CC (after taking into consideration all the complaining on HC about getting cashflow going), is very likely to make a major company directional shift out of gold mining and re-direct IGR into the Roof Insulation and Child care businesses (so as to take advantage of Federal Government handouts) thus securing a strong, steady, and sustainable cashflow for the company.
"Charter boat? What Charter boat?!"
IGR Price at posting:
22.5¢ Sentiment: None Disclosure: Held
