SBL has been extremely disappointing with sp making new low...

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 Even the SBL website is embarrassingly out of date.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.