Interesting action....I didn't expect anything this early, at least not until Feburary, so trying to figure out what's to account with the trading today. Something substantial or just insider games? Therefore, i came up with three possible scenarios/possibilities......
One......the most obvious & usual culprit, this is nothing but just smoke & mirrors from the MM's & insiders attempting to remain relevant or lure folks in.....
Two......Another PP? This is VERY possible and i'll brielfy explain why. Ever since that initial (and badly handled & very dubious!) PP was retracted, they never REALLY resolved that and therefore never dealth with their financing/liquidity issues. They sinced raised a measley half mill since at more appropriate, acceptable prices BUT really not enough to do anything of substance operational wise except keep the lights on.
Three.....Some more drill results, but not from where you expect! So far all the hype has been around their Lithium properties in Neveda. But people/investors seem to forget they also have semi decent nickel assets in BC, Canada. And they are currently, actively drlling on them as we speak for some time now. IF this is the real reason the stock is moving.....WATCHOUT ABOVE!
So what's an investor to do? Nothing.....just wait and hold to see what's up. At this point the reward far outweights the risk to the downside. I wouldn't be buying, but defintely would not sell here until the news, IF there's actually any.....is released. Like i said previously, i'm NOT a s/h here and don't have any plans to be one BUT i do have a vested interest with their joint venture partner Nickel Rock. So i do have as much as you guys to gain if things go well......
Hopefully for all of us, it's door number 3 and they've hit a decent hole..........
GLTA