Agree nortreat...its been happening since I climbed on board this rickety ship in Jan of 2015.  First the question was, "can we get back above a buck", then it spiked over $2 and pulled back, and the question was "can it get back over $2 again"?  Now we've gotten through $3 and have pushed north of $4 only to fall back into the $3s.....so now its in my mind, "can we get back above $4".  I don't think that'll be a problem, and next I expect to be wondering "can we get back above $6 again".

The difference now is that the time is near and the hour is late....we should be getting news on the loan soon, and possibly other financing news. 

I wonder if the company is raising significant capital from the conversion of warrants to shares?  If say 5 million warrants with an average conversion price of $2 were converted, that would be $10 million CDN going into the company's coffers.  If that were to happen would the company be under any obligation to disclose it?  I suspect not given that the issuing of the warrants was already disclosed, and Resverlogix doesn't seem to want to put out news unless almost absolutely required imo.