It just makes logical sense that over time the register will...

It just makes logical sense that over time the register will shift from the people who were already here in profit and wanted out, the short term traders and the speculators like chinadragon described.

Long term holders have a natural tendency to not sell and accumulate on weakness, over time this results in less and less shares so the moves become more volatile. The geological model is key and while this still requires a lot more drilling it's very promising, especially the DSO which is surprising me and getting better and better with each announcement.

Should be interesting to see where we're at a year from now.