RE: What will move the price of this stock?I think the JV will move the stock price. I think everyone knows that the resource is there. It is developing it that will bring in the revenue and as the article said, Erin needs a JV partner for that to happen.
As far as what moved the stock in 1997, I bought shortly after as well but read the press releases from then. It was the fact that Erin received their 50% interest in the deposit.
It is exciting to watch this stock. You can see the patterns of those accumulating and the games going on in the trading and bids. I don't think it will be long for this to make a significant move. I hope anyway.