"systematic destruction of share price"
I AGREE.
I may not have all the experience in the world, but I too have watched as the share price is very methodically reduced every day by 6 to 10 percent. Stacked ASK's, minimal bids, SP picked away at each day. With many LONGS, and new buyers waiting for a clear bottom, it would seem this is not as hard to do as one might think.
As a long term holder, I have to believe a reason to do this, would be to have the share price greatly under-valued when good news does finally come out (with 8 drills we have to believe it eventually will !!) Thus being able to get in low, when strong news, such as a resource estimate finally comes out.
Untill then it seems all we can do is watch and wait.