Peak Discovery Capital Ltd V.PEC

Looks like something's leaked again...

[hotrok]

and it doesn't point in the direction of something good imo

they should be real close to finishing the second well.  by now, well has probably reached TD (or may be close to it), logs have probably been run in the zone of interest, maybe even a DST to confirm the reservoir fluids & reservoir pressure, some flaring may have occurred during drilling if they encountered hydrocarbon charged formations, etc.

the point being that some information is out there... and by the looks of it, it may have travelled across the atlantic already... 

wishful thinking would tell me it's just ppl selling ahead of the news b/c volumes are low.  but i think we saw the masses fly out the door after the PR on the first well.

just my opinion... any comments or thoughts from anyone else?