Expectations that the PPS is going to "take off" in the coming weeks is IMO unrealistic. The Company has over the past several weeks, through PR s and CC, laid out their Plan, expectations and ultimate Goal. They have most recently confirmed a PP ($250 K) which they say will provide sufficient funding to reach certain milestones - namely to separate the Niostar entity and acquire a independent listing and presumably Financing to further the efforts. They have also indicated that Shareholders of Sarissa will receive an equal percentage interest (of their holdings) in the new Niostar entity.
There are a number of items / matters that are presently being undertaken which they believe will allow this to occur. The Company has advised that it will take several months to complete the Audited Statements and complete required Field work in order to obtain required Geological Reports. At that time presumably Shareholder approval will be sought for this transaction to occur. I would guess, based on the Company provided information, the timeline is early 2015 which seems entirely reasonable.
While the Plan / Goal is IMO very solid, from a Corporate point of view, I am not sure that it will translate into significant buying until some of these required items are completed.
Present Long term Holders will be satisfied with the Company plans and may come into the Market to purchase a bit more. Some new Investors may be intrigued by the story and entertain buying. Short term participants will continue to be involved in the Market.
If Scott / Dan are able to pull it all together as outlined and provide the Sarissa shareholder the opportunity to participate in the "Niostar" entity in the manner they have described it will IMO be a very good outcome for the Shareholder.
While this is all going on it is hard to know what the PPS will do over the next few weeks / months but keeping expectations low is probably best. The Company is building a foundation and it takes a little time for it to set.