Buy or no buy is in the eye of the risk beholder. Most people are not willing to buy until the licences are in hand. The CR means nothing. Look at what happened to MEI. They did a CR raise with the pump help of Tolga at over 5c and after the raise, the price promptly plummeted and is now dwindling between 1 and 2c. And they have been drilling already.Risk is just to high for most at the moment. And then you have the speculators who are just riding the wave, long, short, long, short, long short. Makes things worse.
Shorting should be illegal. there is no economic value that it adds. It should be "you're either in or you're out". There I go again with my angry old man rant.