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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Amark$p who wrote (139480)8/26/2010 6:36:15 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 206323
 
amarksp, NiMin -- these wells take several weeks to clean up after the frac I believe, so I don't think there would be any really exciting news that could be obtained right now, from anybody. Remember, these are low flow rate wells, not thousand bbl. barnburners like in the Bakken.

My hunch is that the buying is not related to anything fundamental but rather to something else, such as new analyst coverage. An analyst I know is looking at the company closely, and he is attending Enercom this week. Who knows, maybe he is planning to put something out next week and let this slip during cocktail hour? <g>