romblon gov orders moratorium on mining, page-13

Yes, it's fascinating s8.

How to interpret today's strong bounce?

Sure it's been technically oversold and that alone could explain the change of sentiment.

From the lack of forewarning about the imposition of the moratorium one might assume that there is next to no inside knowledge about the doings inside the Phillipines by either the company or any major shareholder. Hence, is it reasonable to assume that this rise is due to inside knowledge? I tend to think not.