First of all it is 5 holes pending, not 3. Secondly, it all happened late and someone wanted out but lots were bought. This is not news related, rather opportunistic and someone got in at .10 while ask was .11 Not everyone has to buy but some people have to sell, so when it happens late,... and that many, I do not read much into it. I look at this twice a day, once for the first 15 minutes and once for the last 15 minutes. Not good but not indicative IMO.
Does anyone really think the remaining holes found nothing but gravel? And more importantly are you so sure there is nothing you would sell all your shares? This is a speculative stock and it should be treated as such. This if the ROF, not the Northern Atlantic.
All IMO.