I would not expect that announcing the payments from EDC for the transfer of the tenements to the joint venture companies would warrant a trading halt given that it is only confirmation of an event that the market should have already assigned a 99.9% probability to.
This should be something else, either significantly positive, or significantly negative. The only negatives I could imagine would be the lapsing of permits. This seems likely for some of the Australian permits that are expiring. Again, I would not have thought a 2-day trading halt would be justified for this either.
Here's hoping this is something positive that we on HC have not previously caught a sniff of.
Whilst it might be fun to speculate, really we just have to wait for the announcement.
HRL Price at posting:
6.7¢ Sentiment: LT Buy Disclosure: Held