One block of 27,500 sh. traded and drove it down. It's right back to 1.50. Looks like the momentum/day traders are playing.
Copy from NM update: To date, two wells have been drilled and cased. Both wells show the expected high quality CO2 from the formations that were previously mapped in the area. In addition, a THIRD POTENTIALLY PRODUCTIVE FORMATION NOT SEEN in other offset wells will be evaluated. This third well has been spudded.
Maybe this is the "news leak." Is it more CO2? Maybe it's NG? You do not get Helium without NG.