Volume is high but ... We have had days before with 300,000 400,000 500,000 and 600,000 shares trading hands. It is noteworthy that the USA markets are closed to day so normally volume is lessened by this factor.
I do not expect any news anytime soon. If something was pending then management would have to ask for a cease trading order.
The price would still need to triple hust to take the valuation to where Potash One got taken out. There have been 2 changes since then; 1. market sentiment and 2. many major planned new potash mines and mine expansions have been put on indefinite delay.
For an acquisitor, $2 a share would still be very cheap as extraction costs in Milestone will be lower cost than The Potash One mine as less gas will be needed due to ground temperature.
Day traders can now have a field day but bailing out now may mean a big "miss" on the uptick
It is worth waiting