"It is requested that the trading halt be effective immediately. A trading halt is requested due to the company making a significant corporate announcement in relation to the ownership of its South American assets. It is expected that the trading halt will end on 28 April 2011 when the Company will be in a position to provide an announcement to the market."
This sounds like it might involve a Barrick solution that we have all been waiting for. If so, then we can expect the institutional investors / fund managers to hop on board and we should go for a nice ride!!!
Does anyone have any further info on what this could be about?
MNC Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
