RE:RE:RE:HaltedI would think 1 of 3 things:
1. Offer has come in to acquire the company;
2. They have raised money to drill the other (100% owned) properties themselves;
3. They have a JV with a major on the other (100% owned) properties;
My hunch would be 2. I was curious as to why Scotia sponsored the technical session in Toronto a few weeks back, and one of my thoughts was they wanted to be lead on a financing round. The other was they wanted to be lead on M&A activity.
I guess we wait and see. The last time they halted on a Thursday, it did not open again until the next week. Hopefully we don't see that again.
T.