RE:2k plus I make decisions looking at the intrinsic value vs the share price and the potential catalysts to close the gap. That usually means taking advantage of people making decisions based on their experience as opposed to price vs intrinsic value.
That being said, I totally understand how psychology plays into investor decision making. The other side of it is, I assumed he owned it because he thought the land block we have could host millions of ounces. We might be about to get more evidence of that from Segoviana so for someone who knows it best to want to let everyone know he sold 90% of his holdings before it happens, doesn't make sense to me as an expected value investor.