capitulation = bottom??

SBL has been extremely disappointing with sp making new low after low, even as pog has been at or near all-time highs.
Communications with the market have been terrible. Even the SBL website is embarrassingly out of date.
Shareholders still have little idea on production rates and costs - lot of guesswork in a vacuum other than last quarterly. Very frustrating.

But when shareholders are selling for .2cps less than a big new investor who has just put $5m+ in for more than 350m shares, maybe this selling is the "capitulation" that marks the bottom and the beginning of turnaround and upward run?

If SBL was really a dog with fleas - too high cost / not enough gold / no hope / sp to keep sinking - the new investor would not have put all that money in at the price. Two new directors and a new focus on making $$$ out of their investment. They are probably hoping for a five to ten bagger and have some idea how to pull it off. Meanwhile long-suffering shareholders are capitulating.