RE:RE:Nice move so far this morningFreddieSanford wrote: Godfather ... the better play would have been to wait to have the high grade visible gold assay in hand ... halt the stock ... and then put out those numbers plus the broader update.
Would have popped to $1.50 at least that way. Why the rush to do this update when you had the blueprint and ingredients to really make it pop huge in a matter of another week or so with rushed assays.
Not that the jump today is nothing ... but it would have been much bigger had they rolled it out with the halt on assay route.
I don't think a halt is warranted now even when you get the assay.
I think that the market already knows that the assays will be very good. I prefer a steady flow of news, combined with a rising share price, rather than a large gap to fill on a halt for assays
news release.
Whatever leads to a good profit, is all that really matters.