Don't underestimate the sellers. They may look like they have migrated north but market depth can be very deceiving. Stock is now trading @30% above the 85m shares traded off market (at 1.75c) only a week ago. Suspect that some of those sophs (@55m shares by by calculation) will be looking to take profits shortly. From a TA perspective the SP appears to very overbought, at least on a short term basis.