No News is Good News ?

  1. 1,589 Posts.
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    No News is Good News.......

    If the news is Good - ie. "we have found significant levels of Nickel Sulphides".........

    I would expect a Trading Halt - as that would have a Material Influence on SP.......

    If the news is Bad - ie. "we have not found significant levels of Nickel Sulphides".........

    I would not expect a Trading Halt but announcement - "Business continues - on to the next hole - but here are the results of the Down Hole EM survey" &c.,&c.,....

    That would be accompanied by some significant retrace in SP - then a recovery as PIs see that there is still some serious way to go on this Project !!....

    GLA - Oilf.
 
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