The JV seems to be powering through with very good mtrs per day drilled.
Keep in mind we had that little setback at the beginning of the drill.
Total trade volume today was very low i would suggest accumulation has been in progress since WE5 commenced and our JV partner's SP being held at bay.
Are we seeing and vwap being established and another tilt at a MERGER it starting to smell that way.It could be why WGO are considering selling their Spanish assets as per latest report by RBC.
The original 1.2 offer today stands at .36 cents
pretty much bang on RBC valuation.
Wether we agree or disagree with this scenario at the end of the day the powers to be will decide we will just be going along for the ride.
We will be a multi billion $$$ company.
I think the picture will be much clearer to all after this well is drilled.
The JV seems to be powering through with very good mtrs per day...
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