yep- the trading halt set the expectation bar pretty high and
the lack of precision and detail in the announcement triggered the fall.
There was only 1 sale (500K)at .005 yesterday and trades today will start at .006 again. Should be some sort of interim announcement today or tomorrow post the lifting of the completion fluid and acidizing of the formation. If no news today, sp looks set to hover around .006. Not too many seem to want to bail out at .005 with news so close.Even the sell line at .006 is pretty thin atm.
cheers,
JH
calling tci, page-7
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