Pure guess work Stapleman. Some who hover over the junior oilers like I do may have sold to buy PVD in the last week but theres as many reasons to buy or sell as there are individual strategies.
We are still 70% retail which is where you get a lot of emotive trading and that will stay with us for some time yet.
A key milestone will be confirmation of commercial flows from the LS test. This would finally confirm Paloma as an asset rather than a good looking prospect.
NEN Price at posting:
28.5¢ Sentiment: LT Buy Disclosure: Held