I was hoping it was some insider buying based on a favorable...

I was hoping it was some insider buying based on a favorable independent experts report that is due any day now, but the volume suggests it must be something more than that.

The rise is overdue as the stock was oversold based on uncertainty surrounding he cap raising. That all appears to be on track and underwritten.

Hopefully its someone trying to build a big position in the merged entity, as Conquest is also running.