Month/Quarter EndLast Friday, and most likely early this week, we may see some selling pressure. Normal month end stuff with an end of a quarter thrown in for good measure. I anticipate those 200k on the ask at $.16 to be dropped down to market just like the 150k that were on the ask at $.15 were on Friday.
If someone had some dry powder it could be a great time to enter or add to a position. Not intended as advice, just an observation.
Then for the rest of us who continue to hold, we should get a drilling update in early October.
Chip