Manas Petroleum Corporation (OTC:MNAP) closed the week with a 14.86% price jump and an increasing traded volume. This MNAP_chart5.pngweek, MNAP stock price remained the same, and traded volume jumped over 2 million shares. However, the reason for the huge gain is still a mystery.

Historical records show that Manas has not released any news on its business recently, thus no one has a clue about its operations. However, MNAP stood on the massive trade so it is interesting to see what happens next.

Manas Petroleum is an international oil and gas company with primary focus on exploration and development in SE Europe, Central Asia and Mongolia. The company’s latest 10-Q report looks pretty encouraging as MNAP has a strong cash position. However, there are a number of risk factors listed in the financial report.[BANNER]

Manas_logo1.jpgThe management relies on their new agreement and expects that their liquidity is sufficient to implement the business plan for the next 12 months. However, the revenues keep missing, while the losses are not covered.

Considering all the above-mentioned, the future of Manas looks rather unpredictable and dull.