melburnian: 215 sellers for a total of 1 billion shares is a...

melburnian: 215 sellers for a total of 1 billion shares is a very telling stat. If you disregard the sellers at 0.002 and above , (these are not really serious sellers) then the average seller is offering less than 5 million shares.

This is a total of about 3% of the company. So the disenchanted forumers here do NOT really represent the over all sentiment of the holders and probably have absolutely zero effect on the market. Judging from the number of creditors who are accepting shares for services, they obviously see some light (gold) at the end of the tunnel. Creditors know the SP will probably halve to about 7.5c after the consolidation, but that doesn't mean they are happy to accept half their invoice value. By accepting half value now they are enabling the company to become a producer and benefit from the future upside of full value and more. Everyone knows share prices go up when the company starts producing, right?

To any one who thinks the company is going to lose money at 4.8grams in a shallow pit they dont know anything about mining. They can make money on 2grams trucking it to Marvel Lock and paying rip off prices to someone else's plant.