sophisticated holders sold their shares, page-2

Perhaps there is a valid reason(s) why the so called sophisticated investors have sold. I can only presume that they may know something that the mug punter doesn't or why sell before the PFS is out. While pouring scorn on those that sell is popular to the cockeyed optimists that have gathered round this stock I think it is a cause for concern that presumably knowledgable investors have sold. I'll be happier if VMS can arrange an offtake agreement with a Chinese company and keep announcing positive drilling results. IMO the market as factored in considerably more resource than whats been announced so VMS need to back up this by increasing drilling and resource upgrades to maintain the current share price and potentially catch the eye of a company who is very keen to acquire this stock