Its very unlikely that it's a CR.. Why would a company release average drill results and then decide to raise capital at a lower price only to dilute the company? This trading halt was clearly unintended and must have come out of the blue. In my opinion it must be an unexpected development with the Iron offtake.
I feel a little sorry to all those holders who sold today. Being a long term holder in the company, I picked a few Million at around $0.014.
Good Luck to all who hold.
-------------------------- Do your own research
CDB Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
