I stand corrected t4p - I have to agree I have seen several...

I stand corrected t4p - I have to agree I have seen several trading halts called and not really understood why a TH was needed, other than to give the company time to think up how to put a really good spin on the news and create some suspense to boot!

Looking at past anns though, GDN seem to have no problem with spin - I reckon they could do it on the fly given all the practice they have had.

"Golden state resources are please to announce that due to altered geological conditions a chasm has opened up at the Golden Eagle well#1 site. As a result the rig and crew have been swalled into the earth. We view this as a positive development as not only is this likely to have improved the degree of fracturing in the underlying formations, but also that once suitable access has been secured to the bottom of the chasm the drilling depth to the gas bearing formation is reduced by 4000 feet........."