David,I think your placing too much emphasis on who is buying...

David,

I think your placing too much emphasis on who is buying and who is selling at this stage and not enough emphasis on the fundamentals of this project/company.

Have a look at FMG and compare them at the same stage, many substantial holders as well as many small investors bought then sold before the project reached maturity only to look back and regret being too shortsighted.

As each hurdle gets crossed the share registry will become tighter due to institutional type investment, resulting in less available shares which should force the SP higher.

There is obviously a buyer willing to purchase your so called sellers stock which should really provide us all with added confidence.

No one is a disillusioned to the fact that there will be profit takers along the way regardless of their size. Afterall that is the aim of the game, some just share different strategies on how to achieve this.

Best of luck with you decisions, I hope they reward you handsomely..