I don't think it's a leaky ship. It's the traders pushing it up I guess. And Barry Fitzgerald's article might created some interest.
In terms of technical analysis, NML does this kind of spike all the time and comes back, closes the previous gaps. It may come back to 5.5c - 6c again, who knows. (see the chart)
In any case I don't care it's going up or down because of the trades in the short term. I am not a short term trader. I am already in this stock more than year. What I care is its fundamentals. If they are good I am good.
NML Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held