The last few weeks - the days we are hitting .008c are the days of bigger volume mostly sales at .007c WVAP. The institutionals have a hold on this price until production is certain. Bot trading at .006c just continues to shake the tree and see which monkeys fall out.
I can guess who’s selling at .007c, I’m less sure who’s buying, as we all had plenty of opportunity to buy at lower levels. I suppose retailers who can put a few more dollars in each week?
This wall will break when production plant is announced and sales imminent. Soon, hopefully.
Ann: State 9 Well Successfully Drilled to TD with Gas Confirmed, page-8
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