ROS 0.00% 35.0¢ red october resources limited

Maybe some more info re the Yellow stone, though suspect...

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    Maybe some more info re the Yellow stone, though suspect nothing of note until JORC is announced at end of this month. In the meantime we can only but speculate on the 'confirmed' size / value of Yellowstone!

    Perhaps a new appointment with specific expertise to assist with the Yellowstone project?

    A Silver project or maybe even a Gold or Potash deal would go down well!

    Whatever the case, Trading Halts are not called for just for the sake of it.


    "A company may request a trading halt in its own securities, e.g. if the company is negotiating a takeover.

    If ASX agrees to the trading halt, trading ceases until either ASX lifts the trading halt, or the start of normal trading on the second trading day after the trading halt is imposed, i.e. up to 48 hours later.

    During this time, new orders may be entered and existing orders may be amended or cancelled. Trades may not take place.

    Trading halts benefit both investors and the company involved and ASX encourages companies to request a trading halt whenever the company feels it is appropriate." (http://www.asx.com.au/resources/trading-halts.htm)


    Whatever the case, I am predicting it will be a positive announcement with a positive impact on share price!



 
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