IMHO, common sense tells me that we might need to see an uplisting before the BIG volume and sharp sp increase takes effect....i also believe we might have to wait for an uplisting before we see the really big news get announced..... the next question is, how long does it take for an uplisting ?....it only takes 20 days for an uplisting from the day the S-1 is submitted and i bet they will submit their S-1 any day...god knows the audit took a long time and is likely complete by now.... Obviously i'm not talking about the big board re the uplist, but the company will likely uplist onto the OTC-QB or OTC-QX while it waits for acceptance of its applications to the big board TSX and NYSE/Amex (which will likely take over 3 months from application submission, unless they have sponsorship, which they very well could have)...
But back to your original question re volume, any significant news could trigger some bigger volume, and shareprice increase, like we have seen happen many times before, but i think we will have to wait until we see the multi million dollar flow volume days....imho, when we do see the million $ days, this will sky rocket. Once it ulists even onto the OTC-QB or QX, that would enable institutional buying to enter into the picture, and change everything.
IMHO, Its close....these guys are persistent. Slow and steady wins the race.