My sense is that they are onto something big.

The management team seems much too savvy to put all this effort into a dud. I didn't buy into Kodiak until after the first big runup they had on the speculation about Caribou (which from what I understand was in a large part caused by Kodiak themselves....), so I'm thinking they must have the goods.

They are well aware that another runup based on questionable practices would tank the stock for a long time....and maybe for good. So lets hope this isn't much ado about nothing.