No there are other people here, including me, I am waiting for...

No there are other people here, including me, I am waiting for the next round of drilling and am obviosly in this because I like the ground and its potential and the results from the previous bunch of drill holes. Since the announcement of the entitlement issue approx 5-6 million shares have been sold (and found some new buyers), we don't know why these people are selling, but remember that in the last 9-10 months a lot of shares changed hands between 3.5c to 5c so presumably they are anxious to get out the door because they are scared, bored or have something better to do with their money, ar anticipate that they will be able to buy cheaper at a future date. DJ Carmicheal does have a bit of a mixed reputation and has some documented issues with compliance in the past that raise questions about the culture of the place, you would be extremely naive to think that this wouldn't be a consideration for some investors.

I am considering topping up a little but waiting to see how low the market will push the SP, possibly to the point of being overdone/irrational. I know it sucks but good luck with whatever you choose to do.