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Message: Drillers back next week

With approximately 300,000 shares trading in last 2 sessions. Further consolidation is noticed with almost all of Fridays buys being done by one brokerage. Shares advanced again yesterday by almost 15 percent by gaining another 5 cents. This morning stong buying of 50,000 in less than an hour with another only 50,000 offered up to 44 cents.

As core results are just around the corner and with shares being held in stronger hands, I suggest we are still in the very early stages.

I will not be surprised if the stock is perhaps halted for the next news containing core results.

 

 

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