1. SSN being obviously very undervalued, we holders all knew that & just about every stock tipping site said the same thing. Actually Blind Freddy could have seen that lol.
2. The quarterly.
3. The 3d seismic results.
4. The chart. Once the SP started to move up through .065 - .07, the chart said to get on. Wether or not you believe in charts, many people follow them and act on them.
5. There may have been some spec buying regarding the JV, there may even have been some people "in the know" who bought, I don't care what company it is, NONE of them are leak-proof. Remember Gene? SP rose before flow rates, drillers have wives with purses, so do fraccers etc.
But I think most of the rise from .06c would be attributed to the first 4 points.
So I don't think the JV has been fully factored in as yet.
All speculation though & I could be completely wrong. To me it's not that relevant, I follow TA and FA and I'm not selling yet, Long Term charts telling me we broke through LT resistance at .075c and anytime now is safe to buy.
SSN Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held