I think that the failure for the stock to gain traction was due to a couple issues and too good to be true syndrome. We have waited an entire month without any news but plenty of conjecture. Then today, we get eye popping exploration results and the stock flops. The long drought killed any momentum not wiped out by June's factor of 10 result report. I think many participants looked at the results and thought those were nice but not nearly enough data points to really base any investment decisions on.
On another board, one poster accused the company of Cherry picking. This is what I call too good to be true syndrome. These days if you see ultra high grade results investors immediately think Bre-X and that the company issuing the results MUST be scamming the market. Hopefully when new results are out in a couple months, there will be much more data points to support what we just saw.
My take on the market action is that the finalizing of the Chinese investment and closing of the property via SEC 8k filing will be the impetus for higher stock price. In my opinion, no large institutional investment money will be entering the stock until everything is officially set in stone.