Stans Energy Corp V.HRE.H

RE:RE:RE:Mulham

[123buyholdhope]

I can understand peoples' frustration with this Stans situation. Unfortunately, as long as they keep in compliance with the quarterly docs they can maintain a trading halt indefinately. Again, I have 'working knowledge' of an explorer on the TSXV that has been in a continuous halt for the last 7, repeat seven years. One news release in 2020. They have not held an AGM or had a website in at least the last 4 years. The compliance dept of the TSX can do nothing if the company meets the minimal maintainance criteria which is basically the quarterlys. 

I don't know why Stans is in this position. Their managment can say what it likes as long as it is somewhat akin to what is happening. They know that nobody is going to come after them legally as it would cost more than it would be worth. Further, halts are a good way of staying off the markets radar and therefore not falling afoul of investor wrath via trading or needing to keep a news cycle going. The arbitration award is over for Stans ( in the hands of the funders now and there wil be no $1/2 mill coming to them); likewise, the Lithium, etc., seems gone. What is left? The Neon approach was apparently shot down so maybe its a gold move somewhere. Maybe they are looking for a reverse merger to join with a micro that wants an avenue onto the TSXV?
If such a move materialises hopefully, there maybe an opportunity for longs to finally get out with some small gains and others to claim tax losses.

GLTA - https://twitter.com/EarthsRare