RE:Shareholders selling...I can only think that gold juniors are soft at the moment, and they had that funding lined up. Some holders must be unhappy about the merger and exiting, but seems like this has been done to get the project moving, so seems a good buy at these prices. Just have a lower starting point than i expected.
Long term I like this one as I do think in a good gold market it will move to develpoment and then be rerated up as we make progress. Not dependent on the luck of drilling like less advanced projects.
good luck