Brisco - Investor Relations hired.Good to see that this company is only cutting 150,000 options, and guess this at 40 cents per share (above current price), with no mention of monthly payment, thus this sounds very milestone delivery driven, good to see this!!! Especially at this time in the company's drilling cycle and at a time when there should be a very good flow of news.
Last week showed signs of life for sure. In total, 2.5 million shares of trading, with Macquarie playing the largest part with 1.2 million shares (of which a cross internally and over 500,000 shares of net buying!). Macquarie is a very interesting buyer and serious buyer at this junction in the game for PXM. Byron also conducted a fairly large cross within their organization for 1 million shares. Other than that, there was a good level of speculation from about a dozen or so brokerages.
It will be interesting to see if any of this follows through this week. They should just about have the testing done and moving to drilling on the next deeper and higher pressure structure.