New PP - SOIJK also mentioned that Goldcorp may elect at this point in time to go to 19.9% ownership of SOI and that given the close location of the Cheecho to the Eleonore Mine, that would be a smart move. If that in fact does happen, then Goldcorp would end up taking the vast majority of the upcoming number of PP shares, leaving very little left for the retail guys like us. That could be part of the reason for the stock moving like it is today.
The other reason for the markets interest in SOI may be due to the fact that management have reported that the mineralization in the drill cores from the most recent drill program is finely diseminated. As there are still assays from 24 more holes yet to be reported on, the chance of seeing some very good gold grades over substantial lengths is a real and distcinct possibilty.