Hello again,
They did not tell me anything. It might be a good idea to call TSE, I already did so, however I am in Kingston - maybe they don't like to return long distance phone calls. If you are in toronto, call TSE. Number is 987-4700, maybe I got it wrong. I know for sure that 4700 is at the end, not that sure about first three digit. Ask them whether it was their idea to issue a halt order.
Anvil has time till Feb 16 to find solution for their short term debt. If they issued a halt, it must be good. It can't get any worse, that's for sure.
What I don't understand, how come they have a liquidity problem. As fas as I am concerned, what they need is zinc to be above 51 or something cents. It's trading over $0.56 US and also Canadian dollar is at historical lows, how can they loose money. Unless they misinformed us or miscalculated estimates.
Regards, Roman |