Will be interesting to see if it pushes through to .20 with little resistance from .15/.16 area. If it does, this could fly, and volume should pick up!!!
I see the lack of huge volume as a good sign that no one is selling, even at this price!!!!
This seems to indicate that they are in some advanced stage of working out a JV alliance. I take alliance to mean more than one new partner.
Mike Newport states, "We are extremely pleased to have Dr. Chilingar join our Advisory Board to assist with a strategic partnership alliance. His world-class expertise lends tremendous credibility to our current Mississippi project and shows the calibre of talent that our Company is attracting.
We should also see a quarterly report in the next 14 days IIRC.
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