I am not sure I agree with this. It feels a bit to me like we may have seen the worst of things. So long as we don't have to wait too long for further news, I could see some small rises over the course of the week. No major break-out though - that will require confirmed flow rates.
However, the oppies will probably lead the heads as some people will take a like the improving prospects while still being a little too wary to stump up for the heads without confirmed flow rates.
Just my opinion, of course. I'm usually wrong...
-Disco
GDN Price at posting:
10.2¢ Sentiment: None Disclosure: Held