May Chart, page-4322

It traded down due to delays. 12 month delay. IVZ got delayed by 2 weeks and fell 30 percent in a day, CXO announced delay of a month and fell 40 percent of its value in a couple of days. It’s what the market does. But comes all the way back up

Now that permits and approvals are completed with Cuba government, construction of pad started yesterday and on top of that all truck, tanks and infrastructure prepared for oil flow completed in November this is going past the previous high. That’s why it will not stop running because the above is in play. It was an “appraisal delayed” as per CEO. People calling a pull back is like handing out gifts at this point. The company is worth a pathetic $230 million market cap and has north of 50 cents on appraisal in coming weeks ahead hence the rerate and share price running