RE: Maybe some should read the TSE rules
As noted in your own post, the yellow highlighted sentence says that the initial decision to halt trading is prompted by the company and then determination is made by Market Surveillance.
I like this stock and am heavily involved, but inane pumping by trade halts is more detrimental than beneficial. Another stock I like is Slam Exploration (SXL). They release numerous good news reports and rarely call for a halt. They are seeing nice sp elevations as of late.
concerning halting a stock.
V Trading Halts
When Trading May Be Halted
The Exchange’s objective is to provide a continuous auction
market in listed securities. The guiding principle is therefore
to reduce the frequency and length of trading halts as much
as possible.
Trading may be halted in the securities of a listed company upon
the occurrence of a material change during normal trading
hours, which requires immediate public disclosure. The determination
that trading should be halted is made by Market
Surveillance. Market Surveillance determines the amount of
time necessary for dissemination in any particular case, which
determination is dependent upon the significance and complexity
of the announcement.
It is neither the intention nor practice of Market Surveillance
to halt trading for all news releases from listed companies. A
news release is discussed by Market Surveillance and the listed
company prior to its release and a determination is made as to
6 Policy Statement on Timely Disclosure
whether a trading halt is justified based upon the impact which
the particular announcement is expected to have on the market
for the company’s securities.
A halt in trading does not reflect upon the reputation of management
of a company nor upon the quality of its securities.
Indeed, trading halts for material information announcements
are usually made at the request of the listed company involved.
Market Surveillance normally attempts to contact a company
before imposing a halt in trading.
Requests for Trading Halts
It is not appropriate for a listed company to request a trading
halt in a security if a material announcement is not going to be
made forthwith.
When a listed company (or its advisors) requests a trading halt
for an announcement, the company must provide assurance
to Market Surveillance that an announcement is imminent. The
nature of this announcement and the current status of events
shall be disclosed to Market Surveillance, so the staff can assess
the need for and appropriate duration of a trading halt.
Length of Trading Halts
When a halt in trading is necessary, trading is normally interrupted
for a period of less than two hours. In the normal
course, the announcement should be made immediately after
the halt is imposed and trading will resume within approximately
one hour of the dissemination of the announcement
through major news wires.
A trading halt in a security shall not normally extend for a
period longer than 24 hours from the time the halt was imposed.
This is a maximum time period intended to address unusual
situations. The only exception to the 24-hour time limit is where
Market Surveillance determines that resumption of trading
would have a significant negative impact on the integrity of
the market.