Doubt it. That huge volume has to be insiders dumping. With this about to hit rock bottom, no way was that retail buying.... could have been a lot of retail selling from those who are rightfully recognizing that this wannabe gold stock has little to look forward to.
Also, I just spotted the news, and agree with another poster who said them claiming dilution would be ending was nothing but smoke and mirrors... naturally..why else would they have raised the a/s to a whopping 20 billion shares unless they plan to keep diluting.