My thoughtsMy instincts tell me that something is up. I've watched most every trade go through over the past week. There was strong buying into the close yesterday and this morning I noticed that the asks had thinned considerably. Looked and looks to me as though the lid has been taken off.
This is pure speculation on my part but drillers do talk.
The people at Lakefield ressearch fortunately/unfortunately don't
Regardless of spec, this play has much upside.
Disclaimer: I presently own alot of ER and therefore am quite biased. (couldn't resist I actually bought another 10k
at open this morning)
I reserve the right to change my mind at anytime.
Cheers