Discovery Metals - Trading Halted

Trading in Discovery Metals shares (dml) was halted after only 2 hour of open markets. The stock price has risen over 40% in the last 2 days - volumn of trades was also high. Likely causes are a possible outside bidder - mining company - wants to takeover or more hopefully, rumors of positive test results were driving the stock price up.

 

Discovery Metals now has time to prepare and release a report to the markets. Report should be tomorrow or Monday at the latest. It could well be a defining moment for Discovery Metals and the management of the company. For more background read Mining For Copper/Silver In Northern Botswana.