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Bullboard - Stock Discussion Forum Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and... see more

TSXV:HRE.H - Post Discussion

Stans Energy Corp > There's still over 5 hours left in trading.
View:
Post by TrickyGame on Jul 31, 2019 10:44am

There's still over 5 hours left in trading.

If the decision is not announced today I think we can at least expect a press release stating the PCA will announce decision on X date in August. Is it normal for these kind of things to be announced throughout the day or right when the market opens?

It's a different situation but I bought into Apivio in 2017. They announced a buyout a while later but they announced it right as the market was opening. so idk.
Comment by coyote on Jul 31, 2019 11:47am
Expects.....what a fuzzy word. "The Tribunal expects to be in a position to issue the award no later than in the course of July 2019. The Parties will be informed one week in advance of the issuance of the award".
Comment by TrickyGame on Jul 31, 2019 11:58am
I think the important words are "no later" and "in the course of July 2019" If "no later" was not in there then it's reasonable to assume the decision may not be announced in July but "no later" means one would assume that the decision must be released in July.
Comment by coyote on Jul 31, 2019 12:35pm
Good debate. I think the focus should be on the next precursor which should be a halt. Keeping an eye on the IIROC. For those not familiar: https://www.iiroc.ca/news/Pages/Halts-Resumptions.aspx
Comment by scotchstocks on Jul 31, 2019 1:01pm
"expects to be in a position to issue the award" IMO this doesn't mean they will, or have to. They "expect" to be in a "position to". I think we need to be a bit more patient. Its like a frigg'n highschool reunion around here... hrehre
Comment by 123buyholdhope on Jul 31, 2019 12:23pm
Coyote - "Expects.. what a fuzzy word." Agreed, there is a degree of uncertainty around the PCA process which progresses at the PCA’s rate. Announcement could be today, tomorrow next week, month etc. IMO best to sit back and wait. Put in limit sells for all or part, or try to time your action if you have the time to watch, or leave, if you believe in the long term picture. Based on my ...more  
Comment by Stock20 on Jul 31, 2019 2:33pm
Agree. Look at NDM. It went up 64% yeasterday just before market close. News came just after market close. Same thing can happen here. News most probably after market close anyday.
Comment by coyote on Jul 31, 2019 3:30pm
The last Stans halts I could find were on a Tuesday 4/29/2015 and a Thursday 8/25/2016. The halts began at noon and 2:30pm respectively. Each lasted one day. Interesting but it doesn't create much of a pattern. Try to be calm and patient. Now... back to my ulcer medication. lol GLTA