LRL 33.3% 2.4¢ labyrinth resources limited

re: trading halt more. why, page-7

  1. 5,178 Posts.
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    re: suspension from official quotation My guess,and only a guess is that it announcement involves a placement and more....such as

    Gold production for the month of May (may only be for 2 weeks startup and not really reflective of what to expect as volumes are worked up)

    also the acquisition of more propities,these could be very cheap for an upfront payment--there is plenty there to get.

    also conversion of existing option over substancial ground...

    This will satisfy the company desire to increase throughput/oz recovered without diminished project life,

    Progress towards listing on AIM may be made clear....

    as you can see there is many likely outcomes......as Directors are in London I suspect that their is some normal time delays in completing documentation....thus a suspension instead of a trading halt.....

    What is a little strange is that Frost/Revelins purchased a line of stock at 30c a few days ago when the POG dropped....did they know then what they are about announce or did something come out of the woodwork ?

    more later
 
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