RE:RE:up 12% today
With the announcement of the initial high-grade drill results there was also a volume and price spike just before the freeze.
Then again, it could be somebody just buying in. Prices were subdued the past few weeks so could be considered an opportunity. And if the drilling indeed more than doubles the resource, then from a project NPV point of view NEE is rather significantly undervalued.
I'm still hoping for a resource calculation this year based on the phase 1 drilling, as promised. I certainly hope they're not putting that off until after the newly announced phase 2 drilling.