This company isn't bankrupt or dissolved. They simply have to drill some additional holes and increase their resources. They have the capital to do this, so the net result is a minor setback. The cost to shareholders should be nothing but time (unless you already locked in your losses of course).
I understand the frustration regarding the leaked information, however don't forget the source may not be management. I don't see what all the fuss is about anyways - the net result (being the current share price) would have been the same with or without the leak.
The only thing that would concern me is if directors sold prior to the trading halt. THIS would be insider trading.
GLTA
JAL Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
