Durango reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario
LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.”
CUX's share price prior to the halt was moving up in anticipation of expected positive news to come. Below is a confirmation of the price actions prior to the halt. Notice that on March 4th there was a 24.32% increase in SP supported with good volume.
Closing prices are displayed for the last 5 days on which the security traded on ASX within the last 6 months.