I tend to see it like this:
There are a smallish group of investors who own a BUTTLOAD of shares. These individuals (I know them personally) have no plans on selling these shares anywhere close to present prices. You will notice that, while there are not many shares on the BID, there also not many on the ASK.
When (if?) assays come close to expectations... people are
going
to
have
to
PAY
for their shares.
That's the way I see it. :-)
~snezzer
Full Disclosure: I own a BUTTLOAD myself. And I certainly have no plans to let them go at these prices.