here is the key:"pending an announcement relating to the...

here is the key:

"pending an announcement relating to the completion of the drilling"

now questions:
1)why would you put the company in trading halt for couple of days just to say drilling has finished and we are waiting for results?
2)why they didn't announce the news any time sooner? it might have prevented the big pumping if the news was released in the morning. if this is the case then it shows me the incompetent of management and decisions making. we had to wait for a big dump for them to wake up!!!