OTCPK:MAUXF - Post by User
Comment by
stockpeekeron Nov 01, 2013 1:30pm
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Post# 21869135
RE:moving up on expected UMU 11 results?
RE:moving up on expected UMU 11 results?There was a big fat 1 million share block traded at 12:40ish today. Other than that, the volume is running pretty low today. It looks like the big seller has taken a break or decided to hold a bit longer. The Bid/Ask has firmed up this afternoon as well. Maybe we are about to get out of the woods here.
The UMU-11 testing status (if not results) should be mentioned with the October ops update mid-November. It will be interesting to see if they move forward immediately on the coiled tubing re-entry of UMU-10 to clear the hole and prep for production.
Regards,
'peeker