Daybreak Oil and Gas Inc (DBRM)

[xiws]

No volume seems odd...or not?
Not that I really expected a big jump on news of a credit line, but it does seem a bit odd that there have been no shares traded at all since news of the credit line came out. Unless of course everyone who has shares is more positive and planning to hold at least until some results are announced - and folks that want to buy don't want to bid up too much just on news of a loan.
The credit line certainly might serve as a bit of a bridge, but isn't enough to replace the dollar volume of the finance package that we were expecting.
Could we get three more wells drilled and running for the $450K, with enough production to bump the cash flow up to free up some other financing?