Observations and BanxHave not followed here in awhile but noticed it had a good move yesterday.
Banx: In this case I am willing to bet that it's the PP investors that bid up the stock (especially since it was ridiculously low). I have been in these PP in the past where when you feel it's a great entrance point you essentially average "up". If that's the case here (and again at a sub 2 million market cap last week), then it's really not a "gift" as the investors buying pushed it up to the benefit of all.
Perhaps, a JV or a fantastic new drill hole will surface in the next few weeks.. or perhaps it will drift back down. I am guessing there are positive developments as the PP was expanded.
Good luck to you guys, you deserve it.