GRX 2.74% 71.0¢ greenx metals limited

trading halt, page-5

  1. 1,210 Posts.
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    On 27th September ASX announcement included description of company milestones for the new technical consultants as:

    - Review of data, geological modelling, development of exploration program , etc etc

    AND

    - "Preparation of an exploration target for release to the market during the December 1012 quarter"

    AND

    - "If appropriate the preparation of an initial Coal Resource Estimate in accordance with JORC Code"

    So I would guess we are in a halt because we are about to see some actual info about the coal concessions. Hopefully an exploration target or even a JORC.

    SP has run from 10c to 75c on no deatiled factual info whatsoever about the coal concessions other than "next door to someone else".

    IMO the halt is a very good sign. For long term followers of the Prairie DOGS I expect we are about to hear Dororthy say "Toto I have a feeling we are not in Kansas anymore"...:)



 
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