I would speculate today was the normal knee-jerk to the announcement of some specific plans on drilling. With PO taking control in such a decisive manner, those plans seem to hold more weight than previous drilling announcements. Hiring a project manager takes it up a notch also.
However, I would also speculate that many people we owed money to and who converted that debt to stock may decide to sell and get their money back. That will put a damper on the stock price.
So my thought is that the stock price won't advance much more until news comes that the drilling machines have been moved into place. Hopefully the new project manager can get that done pronto. But until then I see the stock price slowly declining.
IMHO