just spoke with the company - i'm happy.

A few summary points below
- they are as shocked as we are (no surprise there)
- they ran the PFS by a number of brokers/advisors over the weekend prior and had positive responses (nothing like what we are seeing)
- the dumping is largely retail, with one or two parcels of 4-600k from instos that have been in since pre 2006
- they have contacted all the top 20 holders/instos, who arent selling
- They believe the majority of the issue is retail investors not understanding the difference between spot and long term prices resulting in cascading stoplosses/panic.
- A number of the top 20/instos are buying - they have advised they are mostly just soaking up volume without trying to affect the market (obvious - big fish snapping up small fish)
- There has been buying out of canada today on market
- There is a company trading policy which prohibits trading until 48 hours after a price sensitive announcement. Read into this what you will.