Looks like lose shares are selling free shares.
Once all the financings were done, it appears to me that
many hundreds of thousands of shares were allowed to
trade freely in the market, thus they dumped their
shares to get "their commission".
I would buy on a regular basis and lower your
basis cost of this stock.
Once your cost basis is lower much lower,
then as Lithium demand show up again in the late fall,
of this year and into 2012 the shares will be up
significantly again and your cost is in profit.
Its Ugly and not nice, but its a startup and its a miner
so buy on the way down and double down on the way down.
It will rise again and you will be happy to have the shares.
Management are not rock stars, but they are swinging the bat
hard. Once the POSCO agreement hits, the stock should
radically go higher.