dude...
You are very perceptive, good at reading between the lines IMO. And you are thinking ahead of the game. I don't think the play is quite there yet for a broad fundamental shift, but seems to be pointing in that direction.
I don't think the PPS is ready to drop, for fundamental reasons. You forget those 120MM shares recently created, as yet the public has not been told the why, but we suspect they are part of a PP. What price do you think they were created at? Do you think the recent shake was associated with that PP? Why has the shaking stopped?
This PP, coming right at the same time as the Uranium deal was announced, must be be tied to that deal. My thinking here is that the U308 boys want to test run EKWX. They can do this for a few hundred G's.
The whole thing about this stock, this play, is that it is amorphous.. it will become whatever it wants to, depending on who buys into it. That's what makes it so speculative, so exciting.
As I said last night, I don't care about the minute details of past NR's et. I have always thought that the whole Nevada Truthing Project was one big advertisement. It's real enough, but its intended purpose is working: It has spawned what could possibly be EKWX's first real deal, and could be opening up the future here.
This is the power of this play.
fringe