I could be very wrong, and I hope I am, but I'm getting the sense that some party to a pending deal is manipulating the price of the stock to their advantage. The only other reasonable explanation for what's happening is related to the adage, "No news is bad news."
As we already know what will be the basic conclustion of the up-coming SRK report, I see no relationship between that and the stock price action. Otherwise, I can see no reasons for the PPS going down as we near news on drilling plans.
Any other thoughts about this?
VP