RE: RE: Bought Deal ClosedMost importantly the over-allotment was completely filled. Not concerned about the current selling pressure, buyers are lined up. We saw this before with the last PP @ 50cents only to see the sp more than double a short time later.
I picked up some more shares this morning and will hopefully get a few more before the end of the week. I'm expecting an announcement anytime now that CGX has exercised the option to contract the rig for Eagle. Could hear news from Murphy very soon as well.
GLTA