I've noticed that ever since the Seeking Alpha article last week
http://seekingalpha.com/article/2080863-falcon-oil-and-gas-big-acreage-big-partners-big-rewards?isDirectRoadblock=false&source=email_rt_article_readmore&uprof=
the volume for FOLGF has been averaging 500k as opposed to its usual 150k and as you say, it's up over 1 mill. today. My guess would be it's just short-term speculators.