I think some of the money is just tired of the lack of production and the long string of quarterly losses. They were ok to hold before but now that other gold stocks have started to move up, they want to jump on board there and are tired of riding this nag. Need to raise some cash to buy others so sell the ones that aren't moving.
SGR will do well when gold prices retest the old highs and after the majors have moved up some. The money will flow from the majors to the juniors with lots of high grade gold in the ground and / or the juniors that are increasing production or increasing reserves. Hopefully SGR will qualify for this some day.
I am starting to accumulate.
It's also a good sign that the sentiment is pretty bad right now. That can be indicative of the bottom.
JFF7