Just reading between the lines, if X64 was tightly following GDX, then why place it on a trading halt?
Based on your hypothesis and the correlation shown in your graph, X64 would have appreciated by 20% and be at a price of ~70 cents now, correct?
Shareholders could have sold at their own discretion.
Half-yearly reports are still pending.
In conclusion, its better to dump X64 shares and buy GDX instead.
At least it does not get put into a trading halt and it's mine hijacked.
My immediate concern is who is really running the CoO mine and who has access to the sales of gold and receipt of monies.
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