am i missing something?

I am new to minnow mining stock speculation and I only recently came across AQQ and took a position.

Now, watching waves of sellers - at approx half of recent initial IPO share price - I begin to think I have missed something - is the ground radioactive or something.

CURRENT SITUATION - as I understand it - is approx 1 million OZS of gold - current gold price $1400 per OZ - therefore approx $1.4 billion GROSS in ground

HYPOTHETICAL 1: Early 2011 - resource rises to 1.2 million OZS due to intensive drilling campaign - gold price rises to $1500 per OZ - therefore projection of approx $1.8 billion GROSS in ground

HYPOTHETICAL 2: Late 2011 - resource rises to 1.5 million OZS gold - gold price rises to $2000 per OZ - therefore projection of approx $3 billion GROSS in ground.

To a novice like me this seems like a no brainer (always given that this market sector is high risk).

However, all these apparently desperate sellers must know something that I do not know - care to share it?

DISCLAIMER The foregoing is my unlettered, unqualified opinion only.