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Mira Resources Corp V.MRP



TSXV:MRP - Post by User

Comment by resourcehorseon Dec 02, 2011 11:32am
305 Views
Post# 19286811

RE: Why they halted, imo

RE: Why they halted, imo

They halted because there was all this volume taking it lower without the facts being stated and the company wanted to stop the bleeding that has been occurring based on rumors. The company obviously was not very good at keeping the day to day events concerning the tests in the vault. Rig hands may spread the word that things were not going very good but what does that mean. They don't know the technical makings of all that is involved. People on the street hear things are not going good would be enough to light the match that has been burning the SP.

Given time to get the technical test report done and explain exactly what the going forward plan is going to be with the next nr is smart given the fact there has been a leak. Unfortunately for shareholders there isn't much you can do about the leak of daily events to the street. It just hurts the credibility of the company, I mean this information is not to be allowed out of the vault and those employees that opened their trap need to be reprimanded.    

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