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Gold/Mining/Energy : DIAMONDWORKS DMW.v -- Ignore unavailable to you. Want to Upgrade?


To: trypod who wrote (235)1/30/1999 12:23:00 AM
From: Serge Collins  Read Replies (1) | Respond to of 413
 
Ignore Stockwatch, they have the story wrong. The OSC did not impose a cease trading order, this cease trading order is temporary and was requested by the company.

The company could have any number of reasons for making this request, from investigating trading in its shares, to preventing excessive speculation ahead of a financing or an announcement of material change. It looks like they are being upfront and responsible, which is a positive thing. Whatever it is, we will find out before trading resumes.

In the meantime, it's on to other matters.



To: trypod who wrote (235)1/30/1999 1:18:00 AM
From: Rick Wyatt  Read Replies (1) | Respond to of 413
 
What's the difference between a cease trading order and a halt?Both meanings imply they can't trade.Why not just leave it at halt status?The more extreme cease trading order makes me believe much more serious problems then previous thought.How long is temporary in this situation?They say weeks.I've seen it happen before.Weeks turn into months.In some cases months turn into years.Some never make it back.