Its not gambling. The sort of money that is buying this is not...

Its not gambling. The sort of money that is buying this is not some flippers hoping for the best.
I suggested that some off shore funds might turn up with a different view point and i am wondering if that's what is taking place. There has been a lot of money made in the space and if the market decides this is the next cab off the rank, it will move higher.
Your view point could be used on every company waiting for a mining license , govt or environmental approvals etc. Its just part of the process imo. The thing that people dont like is the waiting and they tend to lose their stock. This can work in your fav or cost you money. Right now, the stock wants to keep moving and the market is becoming more comfortable with the progress. During the start of the week, people were calling it to 80c range. so far, so good. dyor