Halted on All Exchanges?...It seems the stock is halted on all exchanges pending news if I'm not mistaken. The halt is also in effect on the US side, so it looks like we'll get an answer very soon, which way the stock is going after it begins trading again.
Personally, I don't have much faith in what the news will be, but I'm guessing some form of financing, which could be very dilutive, or we can dream that Harbour is still willing to invest with a group at $1.
Hopefully it's not news of the company going into receivership. I don't believe that will be the news, but with the Bank of Frank being the only means of financing to date since the CTO, you just never know.
Either way, nothing said now will change a thing. We'll see if indeed halcro saved anyone here besides the shorts who've been able to cover a few 100k shares. JMO
IIROC Trade Halt - Barkerville Gold Mines Ltd.
2013-08-09 09:09 ET - News Release
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2013) - The following issues have been halted by IIROC:
Company: | Barkerville Gold Mines Ltd. |
TSX-Venture Symbol: | BGM |
Reason: | At the Request of the Company Pending News |
Halt Time (ET) | 08:56 |
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IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
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For further information: IIROC Inquiries 1-877-442-4322 (Option 3) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.