Is it just coincidence that price and volume are up this morning following the press release?

If not, why would this make a difference to anyone? Is it because this is a last step to removing any known legal blocks to drilling, or does the market somehow think this puts the company closer to receiving a JV offer?

After all, this news is logically worth nothing without money for drilling.

I'm not trying to put a chill on the news, far from it, but the big (really big) kicker to the share price and volume will come with a JV, or at least news on a pending JV.

On the other hand, maybe price and volume just needed some spark to adjust from an oversold level - logic/rationality not required.

Thoughts, opinion?

Thanks.

VP