First close above 2 cents this year

We got our first close above 2 cents, and the uptrend continues on increasing volume. This price action reflects the positive developments in the oil field. The stock continues to inch upwards and even if it gyrates up and down the important thing is that the trend is upwards on the daily chart.

Looking at the weekly perspective, it really does look like it wants to run as I mentioned on Friday. Having been to the well sites and looked at what we have just across the road, not even a mile away, I can see a clear fundamental catalyst for such a rally. Not to mention of course our well at total depth in Belize.

Another day another pounding.