The wall of stock at $1.70, the existing short position, it is all part of the same group of financial investors who make their money in the trade and could care less if the company actually drilled thru miles of gold ingots. Until the company brings new investors in, or convinces existing investors to buy more stock, or April 21 comes, the stock will be stuck in a range. Watch the short interest in May and June, it will prove my point, there will be very few shares short. There are SEVERAL million warrants still outstanding, not all are in the hands of financial investors, but it is stock that still has to be dealt with before the stock can move higher.

The unfortunate thing is the price of gold is falling, and hard. So finding new investors might be difficult.

The biggest risk is a cheap takeover offer after the PEA arrives, not shorts or manipulation.