It's perfectly logical. 80% of shares are held by the Top 20...

It's perfectly logical. 80% of shares are held by the Top 20 with no reason to sell. We already have evidence of a resource with 6-7 years of mine life with new results very soon with regards to resource confirmation and expansion. With $70mil MC this still seems highly undervalued with a higher likelihood of entering production compared to most other gold projects (most of which have rallied just on drill results). Commodity prices remain high and I can't think of a reason to sell. The market appears to agree with me when looking at how thin the sellers are currently. There is currently no catalyst for this stock to fall apart from systematic risk. Naturally, this will cause the price to rise gradually. IMO DYOR