GREY:DPGYF - Post by User
Post by
larsen6on Apr 19, 2010 4:14pm
515 Views
Post# 17008151
Nice Situation
Nice SituationAn interesting situation developed today.
We finished with bidders totalling 41k shares at 2.73. Even better, several bidders were parked for 223k share at $2.7. We haven't seen such large bidding blocks for weeks. These bidders can't get shares through the back door, so they are posting their bids in the open market. Sellers are drying up.
News must be coming. Longer production numbers should be available from the three Cardium wells for DEE. This will give us a better idea of what to put in our NPV models.
L6