Big volume and a nice up move. At the open the MM played a headfake by stacking a big ASK to get retail to sell early....which they did, but it recovered
They tried hard to push it down around $2.10 but when that failed it moved up.
Lots of things going on and the big volume EOD into the close shows people wanted in.
Too much volume for a normal trading pattern so it is most likely those that got in "think" something is about to happen and did not want to be out over the weekend.
Just keep in mind that this would not be the first time groups of people "thought" something was happenning and their patience tends to be thin.
If this is money shifting from majors to juniors it should hold, which I hope is the cause. If it is a "rumour" or anticipation we could see just a quick of a reversal next week if nothing happens. It could be earnings anticpication of a lower loss, but I am not certain when the data will be released.
I would watch closely and hope for the best, but be prepared to take some profits if she starts to slide (definitively). We are at a point where we could easily see a sustained rally as the day of Sanz's visit gets closer....we know he is on the march.