There is a lot of interested investors chasing the few stocks that are being sold...perfect storm for a CGX stock owner. Ten cents is not much of a premium when many observers think this is an easy $2.00 stock given present conditions and opportunities.
Not aware of any news release anywhere today, it may just be a lot of investors who do not want to miss such a great opportunity. Perhaps it is those folks who sold last week at $1.26, and are buying back at $1.46 ?
NT