GREY:HPXRF - Post by User
Comment by
uogradon Apr 20, 2011 12:27pm
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Post# 18461624
RE: RE: Smart move or dumb move, not sure
RE: RE: Smart move or dumb move, not surethey need a catalyst to jump start things and with breakup on and expected to last a long time they have to announce their cardium drilling program and show they have access to rig(s) and that they will be hammering Garrington and Buck Lake as soon as they can.
You could be right about the shorts, hard to say. There is not much volume here especially on the buy side so those that are in big at $1.50 don't seem to be in any rush to put more money in harms way at $1.20 which is a little surprising.
Canaccord were only too happy to take their big fat commission cheques but to date have provided almost no support.