What are the chances that KXL would halt their stock on the next NR. Typically you get a lot more halts in discovery mode when a single drill core can create the potential for substantial material change for a junior. KXL is past the discovery stage... What if anything would allow/make KXL halt their stock.
Our expectation for the next NR is that it will have a lot of information... is it justified to halt a stock simply for investors to fully digest a large volume of news before trading resumes?
Could KXL have some "new" discoveries" that would have material change justifying a halt?
Maybe someone knows if there are specific rules for a halt and whether it is an arbitrary business decision or an exchange decision or both.
I personally would prefer multiple news releases as opposed to few and far between big news releases. The momentum that KXL generated last October with multiple news releases each week was tremendous. A very exciting time for those of us holding KXL last year.
Anyways... just throwing the idea out there. What do you think?
m.z.