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Herald asked to explain surging share price

A SUDDEN surge of interest in Perth-based Herald Resources has raised a few eyebrows at the Australian Stock Exchange, which asked the junior explorer to explain a jump in its share price from 38.5c on Monday to a high of 50c today.

Greg Tubby

"Basically there's no reason for it other than our normal stream of good news," said Herald executive director Michael Wright. Herald is currently proving up the promising Dairi high-grade zinc-lead...

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