Birch Mount receives loan recall noticeBirch Mount Resources (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : T.BMD BMD In currencies, this is the abbreviation for the Bermudian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , Stock Forum) announced late last night, November 3, that it has received a demand for repayment of its loans from its principal secured creditor One who holds some special monetary assurance of payment of a debt owed to him or her, such as a mortgage, collateral, or lien. , Tricap Partners Ltd., together with a notice of intention to enforce security pursuant to section 244 of the Bankruptcy and Insolvency Act. The Alberta aggregate supplier said that it is currently unable to repay the money it owes Tricap. Birch Mount also said that it does not expect shareholders to recover anything as a result of any liquidation or sale of the company’s assets. On the Birch Mount Bullboard, Stockhouse investor studduck said, “WELL THE PLUG HAS BEEN PULLED, I WONDER IF THE TRADING HALT Trading Halt A pause in the trading of a particular security on one or more exchanges, usually in anticipation of a news announcement or to correct an order imbalance. During a trading halt, open orders may be cancelled and options may be exercised. WILL BE LIFTED SO I CAN SELL MY SHARES FOR A HALF PENNY Half penny may mean:
Shares of Birch Mount were indeed halted before the announcement; when the halt was lifted at the open this morning, they dropped from yesterday’s close of eight cents to four cents, a 50% drop, and then proceeded down from there. They are currently trading at two cents, down nearly 75% from yesterday. 
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