RE: this is a crockbeerman, you obviously lack basic investment experience. The pp buyers are locking in a nice profit, selling the shares they bought but keeping the free warrants that are already deep in the green. They are smart, you are dumb.
But once we can wade through these sellers, there will no one left but buyers and traders. Under that scenario, the share price should drift up until we get an announcement on the timeline of the North Piper drill, Then we should see some real action, as the daytraders fight it out with the speculators and long-term believers. If they hit at Piper, look out! :)