An exciting day for Lynden Energy Corp. (LVL)! With the recent news announcing the success of LVL’s second and third wells, the stock price jumped 34% today up to $0.55 on over 2.4 million shares. The recent news shows that LVL is capable of repeating the outstanding results they achieved from their first well, Harrell 34 #1.
It’s worth noting that 811,000 shares were purchased in the market by Richard Andrews, the Chairman of the Board!
Wednesday, March 17, 2010
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