Strauss is right. A lot of the option holders will cash in their options and sell at a 50-100% profit and so keep the SP around the 3 cents mark.An eminently sensible strategy. A quick in and out and turn a good profit.
But those guys shares will dry up soon. Probably within a week. So don't get stressed if you see the Sp go south. Even back down to 2. It's only people taking profit. In the broader picture we now have something we've never had. Clear legal title to prospect and (later) mine the land, and, this is the important bit and the thing we've never had before, SMM is forbidden to interfere with us in any way.
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