RE:RE:RE:RE:NEWS RELEASE: Alberta Oilsands Provides Additional UpdateTold you so about the Government wouln't stick to the 3 months deadline! I should have stuck by it rather than buying in at 0.15, for it to drop to this low.
Anyways, this news release is interpreted by other investors us a positive news, as the word 'SHORTLY' to them mean very soon; matter of weeks. Hence this is reflected on the high volume so early since market opened and higher price.
I believe for the company to release this news a month and a half since the last news, shows that the audit is almost done. I give it till the end of the month for the audit to be complete.
If the rollout of news are released smartly, with news related to other projects released prior to the claim, it would help build momentum to lift the price upwards.