It's been drifting down on very low volume ie retailers getting bored and offloading due to news being very scarce in the last few months. But with 5 rigs operating 24/7, 3 projects being explored right now, met work currently being finalised and a TSX listing in the not to distant future there is plenty going on behind the scenes.
The institutional support is a clear buy signal for me even at current prices.
Let's see how this unfolds in the second half of this year...
CDV Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held