reason for the massive spike in volume, page-121

No Tradezy.

Great Bear r a private company and have no market transparency to contend with. We may see nothing from them at all. They may have been slowed up due to hitting a commercial well. I would think this unlikley tho as they would probably let this out to the media. One would think they might give the media/investors some bait to go on with at the very least.

Another problem is that they had 3 wells scheduled to b drilled this winter and apparently only drilled out one possibly two, and neither of these were Talitha, which is the well closest to 88E's project Icewine. Interestingly this is the one they were apparently most enthusiastic about.

The 88E/Burgundy farm-in shouldn't b far away too and one would expect it to b close on the heels of the official acquisition of Icewine as one would not think that they would b able to complete this until 88E/Burgundy legally own the Icewine lease.


There is now only 5 months till 88E has scheduled the drilling of Icewine so its going to be hectic for the company whichever way u look at it.

On the market side of things the buyers seem to b patiently cleaning out the 1.4/1.5c resistance. Not many sellers coming in late thisarvo. Be nice to see some more positive news right now to clean them right out and start running.

d.