RE:There goes another week… Well said.
I figure at this point, maybe they are just waiting to burn off the soon expiring 16 million December warrants. It's the last of the 5 cent warrants near term, (another 7.26M expiring next September, idiotic and desperate). I also believe we are at the end of 7.5 cent warrants as of Dec 15. That should at least let news take out SP up to, and beyond a little beyond .10 then. 21 million warrants at .10 next April and May. If need of Step 2 were to come before the Mining licence deadlne next Fall, we should be able to claw through remaining warrant selling incentive.
If Step 1 gets stamp of approval in 2 months, does it create demand to outweigh warrant redemption, probably not entirely. But I'd guess .10 to .20 next Spring, then very big gains after Step 2 acceptance mid September. A lot of ifs, but huge gains then even with dilution.