Some investors have decided that GT1 won't be economic and...

Some investors have decided that GT1 won't be economic and therefore it wouldn't matter what price it goes to, they wouldn't buy. Others are not stepping up because the cycle hasn't shown it's bottomed yet, why pay more today when you may get more bang for your buck? Matt may have sold, but John, Cam, Patrick (did I miss some) bought recently on market.

Everyone is down. For technical traders, the GT1 chart isn't attractive. The market isn't currently attractive. Good deposits are not being supported with buying and Moose Pasture optioned projects have been pivoted to other projects. This will continue to happen. Further if companies can't raise cash, they won't be able to explore their fractionated pegmatites (possible new deposits).

Will be interesting to see if GT1 can play a good game of chess and take advantage of other companies being depressed too.