Logic says...Huge $$$ committment by Korean & Nikko...wouldn't just throw themselves $$$ at a low probability.
CHD also has several large institutional investors on board and RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED (cayman) controling 18.95% CHD... then there is the CAISSE'
Look: Institutions have been piling up for the last 6 months and more. We didn't see this for ...a long time.
Also, institutions don't wan't to take risk (or minimize it). Mining & exploration is risky... BUT, lately, resource estimate news came out and the piling kept on going. Some were waiting for this resource news before starting to accumulate to at least garantee a minimum base price (which is done @ .33). Now they are controlling the price in order to accumulate cheap. It's allllllwayys the same. Been in this business long enough to tell you that when institutions pile up they try to a) shake the weak hands, b) control the price in a tight range
For those holding 6 months or more, my advice: keep your shares. You could miss the move and regret it enormously.
cheers
LOL